Safe custody of securities [2025]

could you give a pointer for this? would be interested in using vanguard directly but i thought this wasn’t possible in CH

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Can’t easily find it, but you can try to dig into docs for this fund, for example:

If you are serious and you have 1 million to invest, you can also contact “Vanguard Investments Switzerland GmbH”.

Maybe. But except for the country it belongs to :wink:
Wouldn’t be wise to assume that US brokers are safest to use these days

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In the past, after reading all the standard US blogs, I tried looking to see if it’s possible to directly invest with Vanguard, but I came to the conclusion that it’s not possible because on this website it only mentions ETFs, or mutual funds via a third party bank https://www.ch.vanguard/en/private-investor/how-to-buy

I looked on the “Professional Investor” version of the website (as opposed to the “private investor” one above) but it seems this is for institutions. I was surprised to see that a lot of the admin seems to be running on fax/post :scream: https://www.ch.vanguard/en/professional/product/investing-with-vanguard/mutual-funds

If I’m missing something I would be glad to be corrected.

In Switzerland , I think only option is via Exchanges

However for UK folks, there seems to be a way to invest directly

Consorsbank offers and individual segregated custody (Clearstream Frankfurt) with a setup cost: €30,000 + VAT (one-time) and annual maintenance cost: €32,000 + VAT.

This is not a suggestion, but a data point on costs of such setups.

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Not in my understanding, but Undisclosed made a reasonable argument that I might be wrong about ZKB. I would be interested if someone were to ask ZKB directly, and share the response here - as I did for PF and IBKR.