Since it was founded, Pictet & Cie has focused solely on managing the wealth of private and institutional investors. It does not engage in any form of investment banking, nor does it issue any commercial, mortgage or unsecured loans.
Pictet & Cie is a partnership owned by eight Partners. As such, the Bank enjoys total financial independence, controls the entire chain of its operations and does not need the approval of shareholders in taking decisions. It abides by the strictest standards in managing the risks inherent to its business, always acting in the best interests of its clients.
Pictet & Cie is monitored by FINMA (Swiss Financial Market Supervisory Authority) and offers its clients the utmost financial security by having capital adequacy ratios far superior to the legal requirements in Switzerland, which are already some of the most stringent in the world. The Bank has ample liquidity and does not rely on any external sources of financing for the smooth running of its business.
And finally, in keeping with the tradition of private banks, Pictet & Cie conducts hardly any transactions for its own account and acts solely in a fiduciary capacity on behalf of its clients.