Address

 

Lombard Odier Darier
Hentsch & Cie

Rue de la Corraterie 11
P.O. Box 5215
1211 Geneva 11 – Switzerland

Tel.: +41 (0)22 709 21 11
Contact: Mr. Christophe Hentsch

E-mail: contact@lombardodier.com
Internet: www.lombardodier.com

 



 

Company today

 

Two centuries of
know-how oriented
towards the future


Faithful to the principles that have ensured the transmission of their values from generation to generation, the current representatives of the Lombard, Odier, Darier, and Hentsch families now head Geneva's oldest firm of private bankers.


Eight Managing Partners with joint and several liability are currently entrusted with the destiny of Lombard Odier Darier Hentsch & Cie. For their part, Pierre Darier, Thierry Lombard, Patrick Odier, and Christophe Hentsch represent their respective founding families and embody the same entrepreneurial spirit and principles of prudence and innovation which have been handed down across seven generations

 
Pierre Darier
 
Thierry Lombard
 
Patrick Odier
 
Christophe Hentsch


For more than 200 years, Lombard Odier has dedicated itself to wealth management, attaching particular significance to preserving and growing the assets entrusted to it, and helping to hand them down to future generations. The Firm follows its own investment policy (asset allocation), in line with the convictions of its strategy team. It also depends on the research carried out by its analysts on the major financial markets.

In addition to this classic approach, many of its specialists also manage and select investment funds, whether traditional, alternative (hedge funds), or third-party. The open architecture used by Lombard Odier provides its clients with access to the best products developed both in-house and externally.

In its unceasing quest for investment solutions, Lombard Odier also enjoys solid know-how in more specialized investment areas, such as private equity.

Lombard Odier's strength in investment is supported by a privileged relationship with its clients. Each manager strives to develop a lasting relationship based on trust, respect and discretion.

By listening attentively to each client's needs, managers are able to take a global view of their financial situation and provide tailor-made solutions of the highest quality, competence and ethical standards.

 



 

International
presence

23 offices around
the world


Although Lombard Odier remains attached to Geneva, home to its headquarters, the Firm has developed continuously during its first 210 years of existence.

Today, the Group is present and recognized in the major financial centers. It has a network of 23 offices in 17 countries around the world. This international presence gives it a better understanding of financial trends and allows it to anticipate economic developments while pursuing its policy of investment diversification.


 

Key Dates of the
Company's History

 

         The roots
         of today's expertise

1796
    -
1815

The origins of the Firm date back to 1796, when Henri Hentsch established a silk and commission business.

Jean Gédéon Lombard
Henri Hentsch

At that time, textiles and watch-making – two manufacturing businesses with a strong export bias – were expanding in Geneva, creating a demand for banking services and triggering a process of capital accumulation. After the Revolution, France was in ruins. The old banks were in a state of collapse, leading to the establishment of new banking houses in Geneva. In 1798, Jean Gédéon Lombard and Henri Hentsch formed a partnership, announcing their principal activity as "commission operations". Despite the upheaval caused by the Napoleonic occupation, they were able to develop their business, combining adaptability with caution and moving increasingly into asset management and advisory services.


1815
    -
1848

Open to the world's opportunities

During the Restoration, Geneva, now part of Switzerland, saw a return to political stability and growth. From 1830 onward, Jean-Eloi Lombard concentrated on the Bank's internal development, while his brother Alexandre explored new investment opportunities in America. Meanwhile, their new Partner, Charles Odier, launched a series of international financing operations, particularly in maritime, river, and railway transport.

In the same period, a new banking house was established in Geneva in 1837, closely connected to the Darier family, from which it took its name in 1880.

Charles Odier
Jules Darier-Rey


1848
    -
1914

Committed to the rise of Switzerland's financial sector

In the mid-19th century, Alexis Lombard and James Odier took the helm of the Firm and, over the next 50 years, helped make it one of Geneva's leading institutions. Testa-ment to its contem-porary celebrity can be found in Jules Verne’s novel From the Earth to the Moon (1865), in which the Bank is listed among the backers of a fictional interplane-tary project.


From the Earth to the Moon
a novel by Jules Verne (1865)


The Partners of the time assisted in the creation of the Geneva Stock Exchange in 1857, Switzerland’s first such institution, and the Swiss National Bank in 1907. James Odier and Jules Darier-Rey also founded the first local life insurance company, La Genevoise, in 1872.

1914
    -
1945

Riding out crisis and becoming a social innovator

The First World War left Geneva unscathed, but had serious repercussions on business. Nevertheless, in 1919 the Firm was among the first to establish a pension fund for its employees, whereas the Swiss government did not start considering a social security program until 1925. The crisis that struck the New York Stock Exchange in October 1929 quickly spread to Europe and then Geneva. The Firm rode out this difficult period, which saw a slow-down in its activities that lasted until the end of the Second World War.

"The current mood of enthusiasm reigning on the Stock Exchange (…) makes it our duty to remind staff of the dangers of speculation"
Employee memo, May 3, 1927


1945
    -
2000

Pioneers in an everchanging world

After the Second World War, Geneva’s private bankers played an active part in the reconstruction efforts of the Thirty Glorious Years, which generated a major demand for capital as well as considerable wealth.

At the instigation of Marcel Odier, the Firm became the first private bank to open an office abroad, in Montreal in 1951. It also pioneered the creation and distribution of mutual funds in Europe. To meet the needs of institutional investors, the Firm established a specialized department in the early 1970s. In 1979, it became the first European bank with a seat on the New York Stock Exchange and in 1993 it helped set up the Swiss Electronic Exchange.




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