The Pictet Group today

Headquartered in Geneva, Pictet ranks among Switzerland’s leading private banks and is one of the premier independent asset managers in Europe.

Corporate video of the Pictet Group

Management owned

Pictet is a partnership of six owner managers responsible for the entire business of the Group. Our principles of succession and transmission of ownership have remained unchanged since foundation in 1805.

Three businesses, one focus

As an investment-led service company, we offer only wealth management, asset management and related asset services. We do not engage in investment banking, nor do we extend commercial loans. The partnership ethos of Pictet ensures that we remain committed to preserving the integrity of the Group.

Independence

We are able to set our own business strategy without pressure from external shareholders or creditors. Our financial independence goes hand-in-hand with independence of mind, exacting risk management and freedom from the temptations of short term fashion.

Continuity

Over the past 212 years there have been only 41 partners, each with an average tenure of over 20 years. Because the terms of the partners overlap, their knowledge, experience and values are absorbed and passed on without interruption. Successive generations therefore act as custodians as much as owners of the Pictet Group.

Adaptability

Our adaptability springs from solid and entrepreneurial foundations. Together with our size, these foundations allow us to enjoy the technical expertise and range of skills of the biggest financial groups, while retaining the agility and pioneering spirit of the smallest.

Facts and figures

Assets held

  • At the end of March 2017, Pictet had assets under management or custody totalling CHF 478 bn - EUR 446 bn - USD 477 bn
    (Exchange rates: USD/CHF 1.0010 - EUR/CHF 1.0706)
  • Investments for clients spread over more than 80 countries

Staff and locations

  • More than 4,100 employees in 26 locations worldwide
  • Over 900 investment professionals
  • Low staff turnover rate (4.8%)

Financial stability

  • Moody's: short term Prime-1, long term Aa2
  • FitchRatings: short term F1+, long term AA-
  • Cash on deposit always exceeds client commitments
  • Excess cash invested in highly liquid and very short-term instruments of the highest quality

Global Custody rankings

Partnership

  • Eighth generation of partners bearing the name Pictet since the foundation of the bank in 1805. Succession and transmission model unchanged for over 200 years
  • Six partners responsible for strategic management and oversight of the Group
  • Independently owned Group, no external shareholder pressure
  • More than 200 years' experience in private banking
  • Commitment to organic growth

What Pictet does

What Pictet doesn't do

  • Investment banking
  • Commercial or unsecured loans

Membership of Swiss Banking Associations

Related information

Our In Brief brochure summarizes Pictet's products, services, and key figures.