50M+
Retrocessions identified (CHF)
10yrs
Recovery window
95%
Success rate on valid claims
0CHF
Cost risk for clients
What We Uncover
Six categories of hidden wealth erosion.
001RetrocessionsCommissions received by banks from product providers and not passed on to clients. Legally the property of the principal (Art. 400 CO).
002Excessive Product Costs (TER)Fund fees above market rates — often driven by distribution agreements between bank and fund house.
003Conflicts of InterestRecommendation of proprietary or high-commission products instead of optimal investment decisions.
004Structured ProductsOpaque margins in structured products that are neither disclosed nor justified.
005FX MarkupsExcessive exchange rates on foreign currency transactions — a frequently overlooked cost driver.
006Mandate-Specific AnomaliesUnusual fees, unauthorized transactions, or structural disadvantages within the mandate relationship.
Case Patterns
Typical mandates. Anonymized.
Entrepreneur Exit
8-year advisory mandate, UBS

Retrocessions on proprietary funds, undisclosed TER markup

Диапазон возврата
CHF 180k – 240k
Family Office
Multi-bank structure, 12-year duration

Structured products with 3.2% hidden margin, FX markups

Диапазон возврата
CHF 420k – 580k
Private Banking
Discretionary mandate, Julius Bär, 6 years

Systematic retrocessions on external funds, conflict of interest in product selection

Диапазон возврата
CHF 95k – 130k
Schweizer Berglandschaft bei Davos

The largest losses never appear as large positions. They disappear into structures that look legitimate.

Оцените ваш возврат

Введите данные портфеля, чтобы получить предварительный прогноз по ст. 400 CO.

Asset Recovery

Аудит ретроцессий

Активы
Мандат и срок
Анализ

На основе логики ст. 400 CO. Оценки ориентировочны.

Активы

Определите объём аудита.

CHF 250kCHF 20M+
Process
From Analysis to Recovery

A four-step forensic process that identifies hidden claims and enforces them.

01 — Intake
Data Collection
Confidential capture of your banking documentation. Custody statements, asset management contracts, transaction history.
02 — Forensics
Forensic Reconstruction
Systematic analysis of all fee flows over up to 10 years. Identification of every retrocession and hidden markup.
03 — Quantification
Claim Quantification
Exact calculation of recoverable amounts including default interest (5% p.a. per Art. 104 CO).
04 — Enforcement
Recovery
Out-of-court negotiation or litigation. Fully funded and risk-free on request.
Legal Foundation
Based on Swiss Federal Supreme Court jurisprudence.
01
Art. 400 CO — Duty to Surrender
Every financial advantage the mandatary obtains in connection with the mandate must be surrendered to the principal.
02
BGE 132 III 460 — Landmark Ruling
The Federal Supreme Court confirms: retrocessions are subject to the duty to surrender. A waiver must disclose the specific amount or calculation basis.
03
10-Year Limitation Period
Recovery claims expire after 10 years (Art. 127 CO). The period runs from knowledge — not from payment.
04
Art. 104 CO — Default Interest
Recoverable amounts bear 5% p.a. default interest. This significantly increases the claim for long-standing mandates.
Bahnhofstrasse Zürich — Blick auf das Bankenviertel mit UBS-Gebäude
Bahnhofstrasse, Zürich · Foto: Mithat Misimi
Swiss Headquarters

Anchored at Bahnhofstrasse. Where the decisions are made.

Zürich is home to Switzerland's largest banks — and home to our expertise. We know the structures, the fee models, and the case law first-hand.

Get your hidden costs quantified.

Send us your banking documentation for a confidential initial analysis. You'll receive an assessment within 48 hours.

Request Analysis
Phone+41 44 500 00 00
Required documents
  • Custody statements (last 10 years)
  • Asset management agreement
  • Fee overview / cost breakdown
Возврат ретроцессий & Asset Recovery | LegaFund