Lugano Financial Advisors S.A.
- Regulatory AUM
- $1.1B
- Discretionary
- $570M
- Clients
- 302
- Avg AUM / client
- $3.6M
- Accounts
- 302
- Employees
- 11
AUM over time
Annual snapshots from Form ADV filings · as of Apr 28, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 145 | $86.4M | 7.92% |
| High net worth individuals | 155 | $926M | 84.9% |
| Charitable organizations | 2 | $77.8M | 7.14% |
People (13)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Francesco Bernasconi | Shareholder | Jan 2011 (16y) | ≈ 18.75% – 50% via Lfg Holding Sa | |
| Spellini, Siro, Dante Silvio | Shareholder | Jan 2011 (16y) | ≈ 18.75% – 50% via Lfg Holding Sa | |
| Bosia, Luca, Didier | Senior Investment Advisor | Sep 2016 (10y) | Less than 5% | |
| Casillo, Monica | Chief Compliance Officer | Jan 2018 (9y) | Less than 5% | |
| Panza, Paolo | Senior Relationship Manager | Sep 2018 (8y) | Less than 5% | |
| Ahonen, Tuomas | Portfolio Manager | Oct 2022 (4y) | Less than 5% | |
| Biland, Walter, Willi | Senior Relationship Manager | Jul 2023 (3y) | 10% – 25% | |
| Hasler, Mathias | Senior Relationship Manager | Jul 2023 (3y) | Less than 5% | |
| Kempf, Adrian | Senior Relationship Manager | Jul 2023 (3y) | Less than 5% | |
| Mango, Edoardo, Michele | Chief Investment Officer (Cio) | Jul 2023 (3y) | Less than 5% | |
| Alioska, Razija, Rachel | Senior Relationship Manager | Aug 2023 (3y) | Less than 5% | |
| Schefer, Florian | Head Western Switzerland | Apr 2024 (2y) | Less than 5% | |
| Borradori, Patrick | Risk Manager | Sep 2024 (2y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Lfg Holding Sa | Owner | Jan 2011 | A | 75% or more |
Undisclosed: 0% – 15% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Francesco Bernasconi: 25% – 50% of Lfg Holding Sa × 75% – 100% direct ≈ 18.75% – 50% of the firm
- Spellini, Siro, Dante Silvio: 25% – 50% of Lfg Holding Sa × 75% – 100% direct ≈ 18.75% – 50% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 04/28/2026 | 1.11 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Hourly charges
- • Fixed fees
- • Performance-based fees
Services
- • Portfolio management for individuals/small businesses
- • Other services
Custody
Reported custodians
- Banca Julius Baer Zurigo $449M (41% of AUM) Apr 2026
- Bank Of America, National Association $184M (19% of AUM) Oct 2024
- Banque Pictet & Cie Sa $133M (12% of AUM) Apr 2026
- Efg International Ag $130M (12% of AUM) Apr 2026
- Efg Bank Ltd. $98.2M (12% of AUM) Sep 2020
- Efg Bank Ag $84.8M (10% of AUM) Jan 2024
- Morgan Stanley $73.0M (9% of AUM) Sep 2020
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Apr 28, 2026.
View current Form ADV (SEC/IAPD) ↗