Pictet has many advantages that will ensure your assets are in secure hands.
Financial stabilityAccording to Fitch and Moody's - two of the major international rating agencies - Pictet's ratings are very good with stable outlooks; this was confirmed by both agencies in 2010.
Safe custody of your wealthPictet can point to a long history of safeguarding client assets in complete security, as shown by the Global Custody awards received during the past 10 years. When the Bank uses sub-custodians to hold assets in particular countries, these sub-custodians are rigorously scrutinised, carefully selected and monitored daily.
ConfidentialityPictet has a long-standing culture of discretion in handling the affairs of clients. This is fundamental for establishing the trust that lies at the heart of a successful wealth management partnership.
Long-term approachPictet is a private bank with no outside shareholders. The Bank therefore remains free from pressure to pursue short-term growth merely to satisfy the public market. It has the independence to focus on organic growth rather than seeking expansion through mergers and acquisitions.
Robust risk managementOur advisers will recommend a financial product only if it fits your specific investment goal, and they will make explicit to you the real risks involved in investing in such a product.
No conflicts of interestThe sole focus of Pictet is to invest on your behalf and in a transparent manner. Pictet is structured in such a way as to align the interests of clients with those of the Partners who own and run the Bank. A bank like Pictet owned by partners who accept unlimited personal responsibility for its commitments is probably the most secure way to ensure that decisions are taken in your best interest.