Pictet Group (Switzerland)

Key details

• Launch: 1805

Overview

Pictet Group is Swiss partnership private banking + one of the largest Swiss private banking groups + 18+ countries + ~CHF 750B AUM + founded 1805 - one of oldest continuously-operating Swiss private banks ^{1, Switzerland report}.

History

Jul 23 1805 — Pictet founded by Jacob-Michel-François de Candolle + Jacob-Henri Bertrand in Geneva as Swiss private bank.

2014 — Pictet Mobile Banking app launch.

Jan 2014 — Pictet & Cie corporate restructuring to Banque Pictet & Cie SA + Pictet Group Ltd.

Ownership & operator

Operating entity: Banque Pictet & Cie SA (privately-held Swiss partnership; Pictet Group).

Major shareholders: Pictet partners (8-10 senior partners as unlimited liability managing partners) + Swiss partnership structure.

Regulators: FINMA Switzerland.

Technical integration

Pictet Mobile Banking app (iOS + Android) + pictet.com online + Pictet branch network across 18+ countries; SEPA + EPC-QR + TWINT (Switzerland).

Implementations & partners

Major Swiss + global wealth management competitors: UBS (post-Credit Suisse acquisition) (UBS Group; SIX: UBSG; world's largest wealth manager) + Julius Bär (Switzerland) (Julius Bär; SIX: BAER; one of the largest pure-play wealth managers globally) + Lombard Odier (Lombard Odier Swiss private banking) + Mirabaud (Mirabaud Swiss private banking) + Edmond de Rothschild (Edmond de Rothschild Swiss + French private banking) + PostFinance (Switzerland) (Swiss Post PostFinance; Switzerland's #5 retail bank by customers).

Regulator: FINMA Switzerland.

Status

Active, Swiss partnership private banking + one of the largest Swiss private banking groups + 18+ countries + ~CHF 750B AUM + founded 1805 - one of oldest continuously-operating Swiss private banks ^{1, 2}.

Sources

• 1 Pictet — official
• 2 Pictet Group — Wikipedia
• ^{Switzerland report} In-corpus: reports/countries/CH-switzerland.md

Source

Biography extracted from pictet.md. See matrix.md for standards-support matrix if present.