Service · Fiduciary Advisory
Alpine Atelier's fiduciary advisory mandate is the only arrangement in which your advisor is legally and contractually bound to act in your interest alone — with no product commissions and full written accountability.
Most financial advice in Slovakia is delivered under a suitability standard: the advisor must recommend something broadly appropriate for your situation. A fiduciary mandate is a higher, more demanding standard: the advisor must act exclusively in your interest, disclose all conflicts, and document the reasoning behind every recommendation. Alpine Atelier's advisory service is structured as a formal fiduciary engagement. You receive a written mandate document that specifies the scope of our responsibilities, our fee structure (fixed annual retainer — no commissions of any kind), and the cadence of our written reporting. We issue a written advisory letter at each semi-annual review, and those letters become a permanent record of the advice given and the reasoning behind it.
A defined scope, a fixed fee, and two formal reviews per year — with written output at every stage.
A formal agreement that defines the advisory scope, fee, exclusions, and our fiduciary obligations in plain language. This is not a standard terms-and-conditions document — it is a substantive, individually negotiated mandate that you can hold us to.
Twice per year we issue a structured written advisory letter covering portfolio risk, structural recommendations, and any changes in Slovak or EU regulation relevant to your holdings. Every letter is signed and retained in your file.
Between formal reviews, you may contact your lead advisor directly by phone or email for guidance on specific decisions. Response time is one business day. There are no per-call charges; access is included in the annual retainer.
We receive no referral fees, product commissions, or trail income from any provider. Our sole source of revenue is the retainer you pay directly. This structure eliminates the primary source of misaligned advice in the Slovak private wealth market.
The fiduciary advisory mandate covers strategic direction and oversight — it is not a discretionary investment management service. We do not execute trades, manage fund selections on a day-to-day basis, or provide regulated investment management under MiFID II in the sense of a portfolio manager. Our role is to ensure you have the clearest possible strategic picture, to review the work of your existing managers, and to provide written accountability for the advice we give. Clients whose primary need is active portfolio execution should engage a regulated fund manager alongside this service.
“I had never seen a written fiduciary mandate before Alpine Atelier presented one. Reading it carefully took twenty minutes. For the first time in fifteen years of working with financial professionals, I understood precisely what my advisor was obligated to do — and what happened if they did not do it. That level of formal accountability is rare and genuinely valuable.”
— Radovan M., Žilina
We accept a limited number of new advisory mandates each year. An introductory call determines whether the fit is right for both parties.