Stability

Pictet is a private firm usually led by between seven and nine Partners who are both owners and managers.

The Partners span several generations and remain for 20-25 years on average. As a result, they are able to plan and take decisions looking decades ahead, not just the next few months. More details on our partnership model can be found here.

This capability to focus on thinking, planning and developing for the long term has always allowed Pictet to implement its strategy as it wishes without coming under pressure from outside forces.

This is one of the reasons why Pictet has always placed the greatest importance on the rock-solid strength of its balance sheet.

The Group operates with levels of capital well above those required by both Swiss and international capital-adequacy regulations. It can also rely on having the highest-grade balance sheet assets and a very comfortable liquidity position, resulting in Pictet being awarded some of the top ratings possible. You can find much more detail about our current capital position, which places us among the strongest financial firms globally, in our financial solidity document.

Pictet’s business model  proves its worth in times of uncertainty. It is underpinned by a disciplined approach to risk management, but the model also places great emphasis on clients’ long-term needs as opposed to the pursuit of short-term gains.

Being a fortress means the Group will continue to develop at a measured and controlled pace, to ensure consistency in its corporate culture, the stability of its teams and, the high standards of client service it provides.

Find out about our financial performance for the year and get a glimpse into our culture in our Annual Review.