Wealth manager, independent · Lugano - Ticino, Switzerland
LFA
Lugano Financial Advisors S.A. · SEC-registered investment adviser · CRD 152864 · SEC 801-71074
At a glance
LFA is an SEC-registered investment adviser based in Lugano - Ticino, Switzerland, with $1.1 billion in regulatory assets under management as of its Form ADV filed August 24, 2026. Its largest client group by assets is high-net-worth individuals, and it reports 300 individual clients. By Form ADV it is a wealth manager, ranked 1,414th of 8,915 wealth managers and 5,106th of 17,210 SEC-registered advisers by assets.
Main office +41919212533lfa.chLinkedInAs filed on Form ADV
- Regulatory AUM
- $1.1B
- Rank among wealth managers
- #1,414 of 8,915
- Rank among all SEC RIAs
- #5,106 of 17,210
- Individual clients
- 300
- High-net-worth clients
- 155
- Accounts
- 302
- Discretionary
- 52% of AUM
- Employees
- 11
- Advisory staff
- 9
- Offices
- 3
Owners and executives on its Form ADV
- Edoardo M. MangoSenior Investment Advisor
- Paolo PanzaSenior Relationship Manager
- Monica CasilloChief Compliance Officer
- Tuomas AhonenRelationship Manager
- Paolo PanzaCEO
- Adrian KempfSenior Relationship Manager
- Mathias HaslerSenior Relationship Manager
- Florian ScheferHead Western Switzerland
- Patrick BorradoriRisk Manager
- Riccardo De MarcoPortfolio Manager
- Vanessa SpelliniJunior Risk Manager
- Massimo BorghesiChief Investment Officer (CIO)
Custody and brokerage
3 custodians
- Banca Julius Baer Zurigo$449M63%
- Banque Pictet & CIE SA$133M19%
- EFG International AG$130M18%
Other RIAs using Banca Julius Baer ZurigoOther multi-custodian RIAs
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 155 | $926M | 85% |
| Individuals | 145 | $86M | 8% |
| Charitable organizations | 2 | $78M | 7% |
Disciplinary disclosures
LFA reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Portfolio management for individuals and small businesses
- Other services
How it’s paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
- Performance-based fees
Form ADV and brochures on the SEC’s adviser search ↗lfa.ch ↗
AtlasMembers
The full record on LFA
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 3,328 peers of its type and size
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- Owners and executives, with titles and stakes
- 13 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
- 3Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does LFA manage?
LFA reports $1.1 billion in regulatory assets under management across 302 accounts, 52% of it on a discretionary basis, on its Form ADV filed August 24, 2026.
What kind of firm is LFA?
LFA is a wealth manager by its Form ADV answers. At least half of its regulatory assets are managed for individuals and high-net-worth individuals.
Who are LFA’s clients?
By assets, its largest client types are high-net-worth individuals ($926 million, 155 clients); individuals ($86 million, 145 clients); charitable organizations ($78 million, 2 clients).
Does LFA have any disciplinary history?
LFA reports no disciplinary disclosures in Item 11 of its Form ADV. Check the SEC’s adviser search for the latest record.
Where these numbers come from
Every figure is LFA’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-08-24), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →