Bellecapital International Ag provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, and publishing newsletters. The firm advises 1 private fund.
Bellecapital International Ag reports 291 clients. They include 112 high-net-worth individuals, 83 other clients, and 48 corporations and other businesses. Of its assets, 91.2% ($1.79B across 299 accounts) are managed with discretion; $172M across 60 accounts are not. Of its clients, 51% are outside the U.S. It advised 4 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 15% | 1% |
| High-net-worth individuals | 38% | 30% |
| Pooled investment vehicles | <1% | 3% |
| Pension and profit-sharing plans | <1% | <1% |
| Insurance companies | <1% | <1% |
| Other client typesCorporations and other businesses; Other | 45% | 65% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 45 | $20.2M | 1.0% | $450K |
| High-net-worth individuals | 112 | $584M | 29.8% | $5.22M |
| Pooled investment vehicles | 1 | $68M | 3.5% | $68M |
| Pension and profit-sharing plans | Fewer than 5 | $5.66M | 0.3% | $5.66M |
| Insurance companies | Fewer than 5 | $16.2M | 0.8% | $16.2M |
| Corporations and other businesses | 48 | $611M | 31.2% | $12.7M |
| Other | 83 | $656M | 33.4% | $7.9M |
| Total | 291 | $1.96B | 100% | — |
- Clients
- 45
- Regulatory AUM
- $20.2M
- AUM share
- 1.0%
- Avg. per client
- $450K
- Clients
- 112
- Regulatory AUM
- $584M
- AUM share
- 29.8%
- Avg. per client
- $5.22M
- Clients
- 1
- Regulatory AUM
- $68M
- AUM share
- 3.5%
- Avg. per client
- $68M
- Clients
- Fewer than 5
- Regulatory AUM
- $5.66M
- AUM share
- 0.3%
- Avg. per client
- $5.66M
- Clients
- Fewer than 5
- Regulatory AUM
- $16.2M
- AUM share
- 0.8%
- Avg. per client
- $16.2M
- Clients
- 48
- Regulatory AUM
- $611M
- AUM share
- 31.2%
- Avg. per client
- $12.7M
- Clients
- 83
- Regulatory AUM
- $656M
- AUM share
- 33.4%
- Avg. per client
- $7.9M
Total
- Clients
- 291
- Regulatory AUM
- $1.96B
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 51%
- Clients advised without assets under management last fiscal year
- 4
- Private funds advised
- 1
Bellecapital International Ag is paid through a percentage of assets under management, fixed fees (other than subscription fees) and performance-based fees; its fees and minimums are set out in its brochures on the SEC website.
Bellecapital Holding Ag owns 75% or more of Bellecapital International Ag and is in turn owned by Beat Bass (25–50%). Tobias Faes is CEO; the leadership team includes Chief Compliance Officer Raquel Fonseca Elizardo Brito. It has 18 employees, 11 of them in advisory roles.
Leadership
- Tobias FaesChief Executive Officer
- Raquel Fonseca Elizardo BritoChief Compliance Officer
- Curtis ChildsSenior Advisor and Board Member
- Markus EberleChairman of the Board
- Benedikt EichenbergerSenior Portfolio Manager
- Pascal KueenziSenior Advisor
- Jeffrey SullivanSenior Advisor
- Jochen VoglerSenior Advisor and Deputy CEO
Investment adviser representatives
4 representatives listed in the SEC register as of 9 October 2026.
- Curtis Malcolm Childs MR.
- Markus NMN Eberle
- Ivan Souvorov
- Jochen Rene Vogler
Staff
- 18 employees
- 11 in advisory functions
- 5 state-registered reps
- 9 soliciting firms
- Owns 75% or more of Bellecapital International Ag
Bellecapital Holding Ag
Control person · since October 2011
- Owns 25% to 50% of Bellecapital Holding Ag
Beat Bass
Control person · since October 2011
Bellecapital International Ag’s regulatory assets grew 1.8× from $1.09B (March 2021) to $1.96B (March 2026); clients rose from 219 to 291 and employees from 11 to 18.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $1.96B | 291 | 18 | 1 |
| July 2025 | $1.76B | 335 | 18 | 1 |
| March 2024 | $1.6B | 278 | 15 | 1 |
| March 2023 | $1.25B | 340 | 13 | 1 |
| March 2022 | $1.22B | 229 | 11 | 1 |
| March 2021 | $1.09B | 219 | 11 | 1 |
Besides its headquarters, Bellecapital International Ag has 0 offices, with 1 listed address with no US state reported.
Contact and registration details
- Legal name
- Bellecapital International Ag
- Headquarters
- Limmatquai 1, Zurich, Switzerland 8001
- Website
- Not reported
- Phone
- 41442681170
- @bellecapital-international-ag
- SEC file
- 801-72584
- Structure
- corporation organized in Switzerland
- Fiscal year end
- December
Bellecapital International Ag uses Rahn+bodmer ($500M, 36%), Banque Pictet Et Cie. S.a. ($343M, 25%) and Bank Julius Baer & Co. Ag ($335M, 24%), among others, as custodians for its separately managed accounts. Bellecapital International Ag has custody of $68M in client assets for 48 clients.
- Northern Trust BankNorthern Trust Bank · St. Peter Port Guernsey · $200M15%
- Bank Julius Baer & Co. AgBank Julius Baer & Co. Ag · Zurich · $335M24%
- Banque Pictet Et Cie. S.a.Banque Pictet Et Cie. S.a. · Zurich · $343M25%
- Rahn+bodmerRahn+bodmer Co. · Zurich · $500M36%
At year end, Bellecapital International Ag’s separately managed accounts were mostly in stocks (57%) and funds (18%).
What the accounts hold
- Stocks57%
- Funds18%
- Pooled vehicles16%
- Registered funds2%
- Bonds7%
- High-yield corporate bonds4%
- Investment grade corporate bonds2%
- U.S. government and agency bonds1%
- Cash13%
- Other5%
- 4.7% related to precious metals remaining: private equity, structure products and debts5%
How many clients does Bellecapital International Ag have?
Bellecapital International Ag has 291 clients and manages $1.96 billion for them, as of March 2026. They include 112 high-net-worth individuals, 83 other clients, and 48 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 25 March 2026
What services does Bellecapital International Ag offer?
Bellecapital International Ag provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, and publishing newsletters.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Bellecapital International Ag use?
Bellecapital International Ag’s separately managed account assets are held at Rahn+bodmer Co. (Zurich), with $500M, Banque Pictet Et Cie. S.a. (Zurich), with $343M, Bank Julius Baer & Co. Ag (Zurich), with $335M and Northern Trust Bank (St. Peter Port Guernsey), with $200M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 25 March 2026
How many financial advisors does Bellecapital International Ag have?
Bellecapital International Ag has 5 investment adviser representatives registered with state securities authorities, out of 18 employees, and 11 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Bellecapital International Ag invest in?
At the end of its last fiscal year, Bellecapital International Ag’s separately managed accounts held 57% exchange-traded equities, 16% pooled vehicles (private funds and similar), 13% cash and equivalents, 5% other, 4% high-yield corporate bonds, 2% investment grade corporate bonds, 2% registered funds (mutual funds, ETFs, BDCs) and 1% U.S. government and agency bonds. The 5% other category is described as: 4.7% Related to Precious Metals Remaining: Private Equity, Structure Products and Debts. It advises 1 private fund.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Bellecapital International Ag?
Bellecapital International Ag is owned through a holding company by Beat Bass. Its direct owner is Bellecapital Holding Ag (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 25 March 2026
How does Bellecapital International Ag get paid?
Bellecapital International Ag is paid through a percentage of assets under management, fixed fees and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Bellecapital International Ag?
Bellecapital International Ag’s main office is at Limmatquai 1, Zurich, Switzerland 8001. Its phone number is 41442681170.