Independence of the links of interest
INDEPENDENCE OF THE LINKS OF INTEREST
CRONOS FINANCE. The new company adopts the most rigorous approach: it refuses any retrocession on financial products.
Any compensation related to a financial product creates a conflict of interest for the asset manager. The Lausanne-based company Cronos Finance therefore declares to give up entirely. Fees for entrusted management mandates represent his only source of income. On the other hand, “we do not refuse any retrocessions paid by the promoters of investment funds. But we pay them directly to the account of the client on whose behalf we invest, because they belong to him, “says Jacques-André Monnier, co-creator and executive chairman of Synopsis. According to the former marketing director of IAM, it must not be admitted in any case that the amount of remuneration for the investment in a product influences the choice in any way.