Pictet is a Swiss private bank and financial group founded in Geneva in 1805. It remains an independent partnership owned and managed by a small group of partners, a structure the firm has maintained for more than two centuries, and it ranks among the largest wealth managers in Europe.
The group operates through three main businesses: Pictet Wealth Management, which serves high-net-worth and ultra-high-net-worth private clients and family offices; Pictet Asset Management, which manages institutional and fund assets; and Pictet Alternative Advisors, covering private equity, real estate, and hedge fund investments. The firm does no investment banking and extends no commercial loans, focusing exclusively on wealth and asset management, a positioning it presents as central to avoiding conflicts of interest.
Pictet serves private clients through offices in financial centres including Geneva, Zurich, London, Luxembourg, Monaco, Hong Kong, and Singapore, with around thirty offices worldwide and several hundred billion Swiss francs in assets under management or custody. Services for private clients include discretionary and advisory portfolio management, wealth planning, family office services, and custody.
The firm is frequently associated with the traditions of Geneva private banking, including discretion and multi-generational client relationships, and has in recent decades built a significant profile in responsible investing and thematic strategies. Client relationships are established by introduction or direct contact with its offices; the firm does not publish standard fee schedules.