Facts & Figures

In Switzerland, the title “private banker” is protected by law. Under the Banking Act, it is reserved to legal forms such as sole proprietorships, general partnerships, limited partnerships and partnerships limited by shares. The special status of the private banker is based on the personal liability of one or more partners for the bank’s obligations. There are currently five private bankers in Switzerland, that founded the Swiss Private Bankers Association and share a common set of values

Despite our particular legal form as a partnership limited by shares with general partners bearing unlimited liability, we are fully subject to supervision by the Swiss Financial Market Supervisory Authority (FINMA) and to the same strict Swiss banking standards as all other banks. In addition to statutory protection mechanisms (such as deposit insurance), the unlimited liability of our partners and our high capital ratio provide further security.

• Aligned interests: Our general partners are liable not only with the firm’s assets, but also with their personal assets. This fosters long-term thinking and action in the best interests of our clients. When the client prospers, the bank prospers as well.
• Conservative risk policy: Those who bear personal liability manage their affairs with foresight and a sense of proportion. This is reflected in a very strong equity base, conservative balance sheet management and robust risk management. Your assets are managed with the diligence of a prudent entrepreneur.
• Stability and continuity: Our owner-managed structure ensures a high degree of continuity. You experience this particularly in the long-term continuity of the support provided by your personal client manager.

As our owners also actively manage the bank there aren’t any anonymous shareholders, nor is there any external pressure to meet quarterly targets. Decisions are made independently and with a view to generations rather than short-term profit maximization. Our independence ensures that we always act in our clients’ best interests. We have no sales targets or product requirements.

We are members of the following organisations:

• Swiss Bankers Association (SBV)
• Association of Swiss Private Banks (VSPB)
• Association for Swiss Private Bankers (VSP)
• SIX SWISS EXCHANGE
• esisuisse