• The principle of accurate consulting
• Duties in detail
• Responsibilities of the asset manager in principle
• Breach of contract
• Damage
• Causation
• Indicators of faulty asset management
• Indications for inadequate consulting
• Indications of inadequate implementation

INDICATIONS OF INADEQUATE CONSULTING

The following circumstances may indicate inadequate consulting:

• No or only  a rudimentary analysis of the investor  and his requirements:
• Missing investor profile;
• Promises of high returns with an alleged minimum of risk;
• Emphasizing the chances while  ignoring the risks;
• Suggestion of investment strategies and investment tools which the asset manager is not able to explain in a comprehensible way;
• Suggestion of investment strategies and investment tools which originate exclusively from a bank;
• Advertising of  “revolutionary investment tools” with which the investor allegedly “always gains a profit”;
• Substantial investments in foreign currencies, although the investor has an exclusive focus on Switzerland;
• Raising of loan capital (so-called Lombard loans), which is to be invested  jointly with the investor`s own capital and which is meant to give high returns;
• Missing information on inducement offers.