A notable case has emerged from court filings: an heir to the Hermès fortune placed inherited shares across three Swiss banking institutions, trusting the guidance of Eric Freymond, a Swiss wealth manager he'd worked with for nearly two decades. What followed was unexpected—the shares simply disappeared. The incident raises serious questions about asset custody and the risks of relying on traditional banking systems to safeguard substantial holdings. For anyone managing significant portfolios, whether through conventional or digital channels, the case underscores a harsh reality: even established, long-standing relationships with financial institutions don't guarantee security. It's a reminder that institutional trust, while sometimes necessary, carries its own vulnerabilities.