Sist Srl was incorporated in 2007 and carries out fiduciary static activity following specific authorization by the Ministery of Economic Development by D.D. dated 11th Dec 2007.

The relationship with our Client is based on the “mandato fiduciario” (Fiduciary Mandate), a contract regulating the activities the Fiduciaria carries out in its name but on behalf of the Client.

Under this mandate, Sist Srl will be the owner and manager of companies shares, investment portfolios, bank accounts and any other kind of asset, in Italy or abroad, acting in accordance with the Client’s instructions.

The assistance of Sist Srl guarantees to the Client a strict confidentiality in the beneficial ownership of the assets held, but also thefull compliance of the tax and legal requirements of the current applicable laws, in line with the activity of tax paying agent (sostituto d’imposta) carried out by the Fiduciaria.

By acting totally independently from any banking group, the dynamic and streamlined structure of Sist provides a flexible and fast response to any requirement of the Client.



umberto_belluzzoUMBERTO BELLUZZO

Chairman of BoD – Certified Public Accountant

In 1982 decided to abandon a successful managerial career to devote himself to the profession of the certified public accountant. Today, his main area of activity is the extraordinary advisory, most notably on the typical problems of the family business groups and the succession planning.



Managing Director – Certified Public Accountant

Masters Graduate in Business Administration at the University of Bologna (Italy). After a period of training in England, he attained the Public Certificate as Certified Accountant and Auditor (“Dottore Commercialista”). He is an equity partner in the Firm. He deals with corporate, tax and estate reorganisations, principally with regard to corporate finance transactions and family business issues. He lectures at SDA BOCCONI on the Executive Master’s Degree programme in Corporate Banking and Finance, in addition to publishing numerous articles on relevant professional journals and publications, within Italy and abroad. He is the author of “Guida alla Pianificazione Patrimoniale”, published by “Il Sole 24 Ore”.



Director – Certified Public Accountant

After graduating from the University of Trento and completing a Master’s Degree in European Studies and International Relations at La Sapienza University in Rome, she worked as a certified public accountant. She mainly deals with family offices, estate planning and trusts, corporate and international taxation. She publishes frequent articles on professional journals and magazines. She also lectures at various public and private organisations.