We are a partnership of six owner managers responsible for the entire activity of the Pictet Group. Our principles of succession and transmission of ownership have remained unchanged since Pictet’s foundation in 1805.
Our only business is asset and wealth management, together with related asset services. We do not engage in investment banking, nor do we extend commercial loans. Pictet’s partnership structure ensures that we remain committed to maintaining the financial strength and solidity of the Group.
Independence lies at the heart of our approach to business and we consider it to be the ultimate source of success for our clients and for Pictet.
As owners and managers our primary responsibility is for the interests of our clients. As a matter of principle, all partners remain available to meet clients and indeed do so regularly.
Because Pictet is privately owned, we are able to set our own business strategy without pressure from external shareholders. This financial independence goes hand-in-hand with independence of spirit, and frees us from the temptations of short term fashion.
Pictet has a distinctive culture of cooperation and partnership which we believe springs directly from our long history of stability, continuity and organic growth.
Over the past 212 years there have been only 41 partners, each with an average tenure of over 21 years. Because the partners' terms overlap, the knowledge, experience and values of each generation of partners are absorbed and passed on without interruption.
While this tradition ensures continuity, it also creates the adaptable and entrepreneurial environment which is essential to the future prosperity of our clients and of Pictet itself.
Pictet’s strategy for over thirty years has been guided by the conviction that our success depends on providing individuals and institutions with the highest possible investment quality and service.
Today, we have a diversified and profitable asset management business similar in scale to our wealth management business.
Partners and senior managers discuss Pictet values and what it takes to keep the Group strong today.
The dangers of passive investing
In a Financial Times article and Finanz und Wirtschaft interview, our Partner Renaud de Planta warns the passive investing perils part
Tuesday 30 May 2017 - Wednesday 21 June 2017
Tomorrow’s wealth management: more of the same
Press article by Marc Pictet, Partner, published in "Finanz und Wirtschaft", Saturday 29 April 2017.
European political instability has not deterred funds from snapping up equities and bonds
Interview with Laurent Ramsey, Partner and CEO of Pictet Asset Management, published in the Hong Kong Economic Times, Monday 13 March 2017.
Business ownership for future generations
Press article by Laurent Ramsey, Partner and CEO of Pictet Asset Management, published in Le Temps on Monday, 12 December 2016.
Managers are innovating, while attitudes are changing among investors
Press article by Laurent Ramsey, Partner and CEO of Pictet Asset Management, published in Finanz und Wirtschaft on Saturday, 22 October 2016.
The 41st partner since the Bank was founded
Interview with Laurent Ramsey, Partner and Chief executive of Pictet Asset Management, published in the Handelszeitung, Thursday 20 October 2016.
"We have not seen any major [Brexit] panic"
Interview with Laurent Ramsey, Partner, published in the FTfm, Monday 25 July 2016.
First among equals
Interview with Nicolas Pictet, Senior Partner, published in the Neue Zürcher Zeitung, Monday 11 July 2016.
A change in paradigm
Interview with Laurent Ramsey, Partner, published in CorrierEconomia on Monday 4 July 2016.
Private bank seeks to retain the family touch
Interview with Nicolas Pictet, Senior Partner, published in the Financial Times, Tuesday 28 June 2016.
"I am not really a numbers man"
Interview with Nicolas Pictet, Senior Partner, published in Le Temps, Saturday 25 June 2016.
"Size is not a strategy"
Interview with Renaud de Planta, Partner, published in "Finanz und Wirtschaft", 18 May 2016.