pictet group


  • [11] This enabled the company to manage its businesses in an international environment,[12] and also allows the eight partners who are owner-managers of Pictet to preserve
    the rules of succession, which have remained unchanged for more than 200 years.

  • In the late 1960s, the Bank embarked on the new business of institutional asset management, which has since grown to account for around half of its total assets under management.

  • Pictet Investment Office, is a special unit within Pictet that only looks after the wealthiest and most sophisticated clients of the bank and invest their assets into liquid
    and illiquid opportunities, in public and private markets following a high risk/return strategy across the capital structure.

  • [8] As of 2011, Pictet was Switzerland’s third largest wealth management company, and also one of Europe’s largest banks in private hands.

  • These include: fund services for institutional or private investors and for independent asset managers; custody services in more than 80 countries; and round-the-clock trading
    across all significant asset classes by Pictet Global Markets.

  • Headquartered in Geneva, it is one of the largest Swiss banks and primarily offers services in wealth management, asset management, and asset servicing, to private clients
    and institutions.

  • [9] In 2014, Pictet changed its legal structure from a simple partnership to become a corporate partnership (société en commandite par actions), which acts as a holding company
    for its global business.

  • Structure Wealth management[edit] Pictet Wealth Management provides private banking for owners of larger fortunes and family office services for families of exceptional wealth.

  • It also manages assets for individual investors through an extensive range of mandates, products and services.

  • The Pictet Group, known as Pictet, is a Swiss multinational private bank and financial services company founded in Switzerland.

  • [5] Like all Geneva banks at the time, it started out trading in goods but soon abandoned trading to concentrate on assisting clients in their financial and commercial business
    and advising them on managing their wealth.

  • Pictet Group’s senior partner, who is the most senior partner at the time of appointment, has oversight for areas concerning central corporate functions, such as HR, auditing,
    risk and compliance.

  • [1] It has a network of 30 offices in financial services centres, including registered banks in Geneva, Luxembourg, Nassau, Hong Kong and Singapore.

  • The services include dedicated asset management, advice on strategy and investment selection, execution in global markets, safeguarding client assets and continuous monitoring.

  • Operating out of 22 Pictet offices worldwide, Pictet Wealth Management had CHF 242 bn of assets under management on 31 December 2022 and employed around 1192 full-time equivalent
    employees, including 375 private bankers.

  • [13] Pictet operates by assigning business activities and key functions like human resources, risk control and legal affairs to different partners.


Works Cited

[‘1. “Half-year financial report” (PDF). 30 June 2023. Retrieved 5 September 2023.
2. ^ Jump up to:a b “Pictet Corporate Ratings”. Retrieved 2020-01-08.
3. ^ Sébastien, Ruche (2023-08-31). “La fiscalité pèse sur le bénéfice de
Pictet”. Le Temps (in French). ISSN 1423-3967. Retrieved 2023-09-05.
4. ^ Jean-Louis Mallet, brother of Jacques-Henry, Paul Martin and Jean-Louis Falquet
5. ^ “Pictet & Cie”, 1805-1955, Atar, Geneva, 1955.
6. ^ Pictet Group Historical Archives,
ref. AHP
7. ^ “200 years of History : one bank and the men who built it”, Atar, Geneva, 2005.
8. ^ “Pictet & Cie, Genève : 1805-1980”, Geneva, Atar, 1980.
9. ^ Jump up to:a b c Städeli, Markus (27 November 2011). “Eckpunkte einer langen
Firmengeschichte” [Turning points in a long corporate history]. NZZ (in German). Zurich. Retrieved 30 June 2015.
10. ^ “Pictet et Lombard Odier tournent le dos à deux cents ans d’histoire”. Le Temps (in French). 5 February 2013. Retrieved 2017-07-07.
11. ^
Bray, Chad (26 August 2014). “Swiss Bank Pictet Reveals Results for First Time”. The New York Times. Archived from the original on 2014-08-26. Retrieved 22 March 2022.
12. ^ Sallier, Pierre-Alexandre (6 February 2013). “Schisme chez les banquiers
privés” [Schism amongst private bankers]. Le Temps (in French). Geneva. Retrieved 30 June 2015.
13. ^ “Elif Aktug, première femme à devenir associée du groupe Pictet”. Point de Mire. 2021-08-25.
14. ^ Jump up to:a b c “2022 Annual Report” (PDF).
31 December 2022. Retrieved 5 September 2023.
15. ^ “Socially Responsible Investment (SRI)”. Pictet. Retrieved 30 June 2015.
16. ^ Lucia De Stefani (10 July 2015). “Finalists for Prix Pictet Photography Award Announced”. Time.
Retrieved 23 May 2016.
17. ^ Secher, Benjamin (2008-11-12). “The inaugural Prix Pictet: Kofi Annan and the elemental power of the image”. ISSN 0307-1235. Retrieved 2018-06-05.
18. ^ Lane, Guy (2023-07-07). “Prix Pictet shortlist 2023: Human –
in pictures”. the Guardian. ISSN 0261-3077. Retrieved 2023-09-05.
19. ^ Silva, Bianca (10 November 2016). “12 Photographers Selected as Finalists for Prix Pictet”. Time. Retrieved 2019-05-13.
20. ^ “Prix Pictet”. The Financial Times. 3 July 2013.
Retrieved 1 July 2015.
Photo credit:’]