BANCA PATRIMONI SELLA & C. S.P.A. (IN SIGLA B.P.A. S.P.A.)

Banca Patrimoni Sella & C. S.p.A. (in sigla B.P.A. S.p.A.) is the wealth management and private banking arm of the Sella Group, operating in Italy with a focus on affluent and high‑net‑worth clients, families, and entrepreneurs. It provides investment advisory and discretionary portfolio management (gestioni patrimoniali), securities brokerage and custody, access to mutual funds and ETFs, bonds and equities, structured notes, and insurance‑based investment solutions, alongside wealth and estate planning support; for business owners it can coordinate with other Sella Group entities for treasury, corporate services, and collateralized credit facilities. The bank is authorized and supervised in Italy, provides investment services under MiFID II rules (including suitability and appropriateness assessments and ex‑ante/ex‑post cost disclosures), and participates in the Italian Interbank Deposit Protection Fund, which protects eligible deposits up to the statutory limit per depositor per bank; investments remain subject to market, credit, liquidity, and currency risks. Its operating model relies on a network of private bankers and investment advisors across major Italian cities, with in‑person and remote servicing and digital reporting tools; account opening and servicing are subject to standard KYC/AML checks. Pricing depends on service model and mandate, typically combining advisory or management fees with custody and transaction charges; product‑level costs (such as fund ongoing charges) and any inducements are governed by MiFID II and disclosed to clients. The product shelf includes both proprietary and third‑party solutions and may include ESG‑labelled strategies from external managers. Minimum investment thresholds generally apply, and the offering is oriented to advisory relationships rather than low‑cost, self‑directed trading; investors primarily seeking discount brokerage or standardized retail banking may find the model less suitable. Prospective clients should review the service agreement, cost and charges disclosures, and risk documents, and assess how the bank’s discretionary or advisory mandates, reporting, and credit solutions align with their objectives, time horizon, and tax status under Italy’s “risparmio amministrato” or “risparmio gestito” regimes.