Proventus AG

Proventus AG offers discretionary asset management and portfolio rebalancing for individuals, high‑net‑worth clients and related entities such as family foundations, trusts and estates, delivering separate‑account management through third‑party custodians. The firm serves both U.S. persons and non‑U.S. clients (including U.S. taxpayers abroad) and reports approximately $807 million in discretionary assets across a relatively small client base of about 78 accounts.

The firm’s investment process combines a top‑down macroeconomic framework with bottom‑up security selection and constructs tailored mandates within five broad strategies (fixed‑income, income, balanced, growth and equity), generally in a long‑only, diversified manner across currencies and markets. Proventus may tactically adjust allocations for short‑term conditions and deploy non‑dollar instruments, private fund allocations, precious metals and occasionally structured products as part of diversification and risk management.

Noteworthy or uncommon features relative to peers include SEC registration while maintaining its principal office outside the United States, reliance on percentage‑of‑assets fee arrangements, and the use of research inputs that can include periodicals or newsletters obtained through soft‑dollar/commission arrangements. The firm’s level of assets relative to its small client base and advisory staffing, its explicit service to charitable or foundation clients, and its significant non‑U.S. client base differentiate it from many peers; it does not act as a private‑fund adviser even though it may invest client accounts into private funds when appropriate.