Professional Disclaimer

UMFO is not an investment manager

UMFO does not manage client assets. UMFO holds no asset-management licence. We do not make decisions on specific investments, do not execute trades, and do not hold client assets in our own name.

UMFO does not provide investment advice

Materials on the site and in our public communications are not investment, legal, or tax advice. Specific decisions are made by clients together with their licensed advisers: banks, lawyers, tax advisers.

UMFO’s role is to maintain the strategic framework within which those decisions are made jointly and consistently.

UMFO does not accept commissions

UMFO accepts no remuneration from banks, asset managers, insurance providers, or other financial institutions for recommending their products. The only party who pays us is the client.

Sanctions screening and conflict of interest

UMFO does not take on: (i) clients or structures connected to the Russian or Belarusian jurisdiction; (ii) persons or entities on the sanctions lists of the EU, the US, the UK, or the UN; (iii) assets originating from sources prohibited by the applicable sanctions regime.

If a conflict of interest is identified in the course of work, we promptly notify the client in writing of the conflict and the proposed options for its resolution. If the conflict cannot be resolved, we terminate the engagement.

Client’s responsibilities

Engaging UMFO is on the basis that the client retains full responsibility for decisions concerning their assets and family. UMFO prepares analysis, maintains the strategic framework, and coordinates advisers — but does not make decisions on the client’s behalf.

Feedback

Questions about this disclaimer: hello@umfo.eu.