The company's purpose is to provide training, consulting and other services, in particular with regard to the sale and distribution of financial services and financial products. All activities that require a license from the Swiss Financial Market Supervisory Authority FINMA are excluded. It can establish branches in Switzerland and abroad, found subsidiaries, participate in related companies, acquire, hold, manage, encumber, utilize and sell real estate and intellectual property rights, and furthermore perform all legal transactions that may be necessary to achieve the company's purpose, in particular to provide financing to affiliated and other companies, grant securities of any kind, or otherwise secure or guarantee obligations of these companies. The company can grant direct or indirect financing to its direct or indirect subsidiaries and third parties, including its direct or indirect shareholders and their direct or indirect subsidiaries, provide securities of any kind, including by way of pledges on or fiduciary transfers of the company's assets, or guarantees for its own liabilities and those of other companies (including direct or indirect shareholders of the company or companies in which these shareholders are directly or indirectly involved), enter into joint and several liability or surety agreements, or otherwise secure or guarantee obligations of these other companies, whether for consideration or not. Furthermore, it can operate a liquidity adjustment/concentration of net liquidity (cash pooling) with the aforementioned companies or join such an arrangement, including periodic account balancing. This can also be done without consideration, on preferential terms, without interest, excluding the company's profit motive, and assuming cluster risks.