The exercise of any activity related to fiduciary services and, in this capacity, the acquisition, holding, administration and disposal, for its own account exclusively, of all movable or immovable assets, rights, securities or financial products, excluding companies holding residential real estate in Switzerland. The company may carry out, for its own account exclusively, all commercial, financial, movable or immovable transactions (except for transactions prohibited by the LFAIE) directly or indirectly related to its main purpose. It may also establish branches and/or subsidiaries in Switzerland and abroad. The company may also grant loans to its associates and/or guarantee, secure or co-sign loans granted by third parties to its associates.