Banque Pictet & Cie SA

The Pictet Group
Banque Pictet & Cie SA
Route des Acacias, 60
1211 Geneva 73 - Switzerland

Phone : + 41 58 323 2323
Internet :      

Pictet in France
Dominique BENOIT
Country Head of Pictet Wealth Management, France
Pictet & Cie (Europe) SA, Succursale de Paris
Phone: +33 1 56 887 116
Email :

The Pictet Family Archives Foundation
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Worldwide offices
› Switzerland : Basel, Geneva, Lausanne, Zurich.
› Europe : Amsterdam, Barcelona, Brussels, Francfurt, London, Luxembourg, Madrid, Milan, Munich, Paris, Rome, Stuttgart, Turin, Verona.
› Asia : Hong Kong, Osaka, Singapore, Taipei, Tokyo.
› Middle-East : Dubai, Tel-Aviv.
 › Américas : Montreal, Nassau

Banque Pictet & Cie SA today :

The Pictet Group

The Pictet Group comprises three business units — asset management, wealth management and asset services — and is constituted as a société en commandite par actions (a corporate partnership), which is the managing entity of the Group.
The principal operating companies are the Swiss bank, Banque Pictet & Cie SA; Pictet & Cie (Europe) SA; Bank Pictet & Cie (Asia) Ltd; and the asset management subsidiaries grouped under Pictet Asset Management Holding SA, a holding company belonging to the Pictet Group.

Renaud de Planta, Senior Partner

The Group is owned and managed by seven managing partners, with an independent supervisory board. Nicolas Pictet, former Senior Partner, stated his intention to retire from the partnership with effect from 1 September 2019 and was suc¬ceeded by Renaud de Planta, a partner since 1998. Sébastien Eisinger, Deputy CEO and Head of Investments at Pictet Asset Management, was elected a partner of the Pictet Group with effect from 1 April 2019. He became the forty-third partner since Pictet was founded in Geneva in 1805.

A further 38 senior executives, known as equity part¬ners, hold equity in the Group. They each lead a strategically important function and play a central role in the develop-ment of Pictet. Elections are made every second year.

In selecting new employees and promoting career advancement, we aim for diversity of gender, background and education, which together contribute to diversity in thought, opinion and experience. But diversity also goes hand in hand with inclusion — that is, making each employee feel valued and giving each a voice in daily business.

Wealth management

Pictet Wealth Management provides a comprehensive ser-vice for both wealthy individuals and families that goes beyond managing assets to consider wealth management in its widest sense.

Asset management

Pictet Asset Management provides specialist investment management services through segregated accounts and mutual funds to professional investors and their clients globally. Our clients include some of the world’s largest pension funds, financial institutions and sovereign wealth funds.

Asset services

Pictet Asset Services manages every aspect of the asset ser-vicing process, leaving clients free to concentrate on their own priorities. Our clients include asset managers, as well as independent asset managers for private clients, and institutional clients (mainly pension funds, institutions and banks).

Thinking and acting sustainably

Sustainability is central to Pictet’s thinking. Since our goal is to ensure the prosperity of our clients over the long term, we instinctively consider the interests of future generations.

We are deeply conscious of the environmental conse¬quences of what we do, from managing the business to investing on behalf of our clients. Among other operational measures, we cut our use of single-use plastic by 83 per cent between June 2018 and the end of the year, with the goal of eliminating its use completely by end-June this year. We are also confident of achieving our target of cutting the Group’s CO2 footprint by 40 per cent per employee between 2007 and 2020.

Pictet was an early mover in sustainable investment strategies. In 2000 we launched the Water fund, the first and today the largest in its sector. In 2008 our Timber fund became, alongside other of our funds, a pioneer in its field.

Our group-wide Sustainability Board measures the environmental impact of our activities and encourages sustainable investment solutions in asset and wealth management. At PAM we are integrating environmental, social and governance (ESG) criteria into all investment decisions. At PWM a parallel programme is bringing sustainability criteria into the client offering.

Ten years ago we launched the Prix Pictet. Throughout standing photography, the award aims to raise public aware-ness of and promote action in environmental sustainability.

But nothing is possible without our employees. Their well-being is central to a sense of responsibility towards clients, each other, our investments and the wider world in which we work and live.

Pictet and philanthropy

The philanthropic action of Pictet is rooted in the spirit of the Reformation. Those who enjoyed the fruits of enterprise were expected to return something to the community through the support of public institutions and contributions to the common good.

An early example was Charles Pictet de Rochemont, who re-entered politics after retirement, ensuring that Geneva joined the Swiss Confederation in 1815. Later, Jean Pictet was instrumental in drafting the 1949 Geneva Conventions on the protection of war victims and active in the Inter-national Committee of the Red Cross. Meanwhile, former partner Jean-Jacques Gautier founded the Swiss Committee against Torture in 1977.

Many former partners have been and are active in philan-thropy, while the Group financed the International Museum of the Reformation among other charitable projects to mark Pictet’s bicentenary in 2005.

A decade ago, the Pictet Group Charitable Foundation was formed as the platform for Pictet’s philanthropy. A total of CHF 42 million has since been donated to charities in the social welfare and humanitarian fields, as well as in medical research and assistance, education and culture, both in Switzerland and abroad.

In the coming years, the partners intend to give even greater weight to the Group’s philanthropic activities, with an increased focus on the environment.


The origins of the Group


In 1798 the city state of Geneva is annexed by the French Directoire and becomes the capital of the Département du Léman. After the Napoleonic Wars end in 1815, Geneva joins the Swiss Confederation—in large part owing to the diplomatic efforts of a certain Charles Pictet de Rochemont.


War and blockade had interrupted watch exports — Geneva’s forte — while the French monarchy’s default after the Revolution had led to the collapse of most of the existing banks. Yet Geneva’s entrepreneurial flame, kindled by Calvinist habits of discipline and hard work, and fanned by the optimism of the Enlightenment, still burns bright. As the post-Revolutionary inflation subsides, a new generation of financial partnerships emerges, later to be known as private bankers.
The formal history of Pictet begins in Geneva on 23 July 1805. On that day, Jacob-Michel-François de Candolle and Jacques-Henry Mallet sign, with three limited partners, the scripte de société that creates the original partnership of de Candolle, Mallet & Cie.


Jacob-Michel-François de Candolle



Beginning with share capital of 125,000 Geneva pounds (about 30 million Swiss francs in today’s money), Pictet’s founders describe their purpose as, ‘to trade in goods and articles of all types, collect annuities and undertake speculation in commodities’.


Before long the bank gives up these activities to specialise in currency trading and the management of wealth.



Surviving account books and documents show that as early as the 1830s the bank held a broad range of securities on behalf of clients to ensure that risks were properly diversified.
On the death of de Candolle in 1841, his wife’s nephew Edouard Pictet joins the partnership. He becomes sole proprietor in 1848 and remains at the head of the bank until his retirement in 1878.


The Prix Pictet since 2008

In 2008 the partners of the Pictet Group created the Prix Pictet award to draw worldwide attention to, and stimulate action on, issues of environmental sustainability through photography. The award is considered one of the most pres-tigious prizes in global photography.

In seven themes since foundation, the Prix Pictet has tackled Water, Earth, Growth, Power, Consumption, Disorder and Space. The prize is currently awarded on a two-year cycle. The final award for the next theme, Hope, takes place in November 2019 at the Victoria and Albert Museum, London.

Kofi Annan, President of the Prix Pictet since inception, to whom Pictet owes so much, died in August 2018. In the book Space he wrote, ‘…perhaps in [our] ability to carry on in adversity lies hope for us all. Hope that, despite the … damage we have visited upon the natural world and upon the lives of our … fellow citizens, it is not too late...’

Submission is by nomination. Over 320 nominators— independent experts in photography from 70 countries and six continents —may recommend recent portfolios from up to three photographers each.

The prize jury comprises curators, critics and practi¬tioners with an expertise in the visual arts or sustainable practice. They are required to select a shortlist of twelve, whose work is powerful visually and in the message conveyed on the given theme.

The portfolios submitted must have narrative drive, and are likely to be deeply researched and several years in the making. Since the Prix Pictet accepts work ranging from documentary or photojournalism to fine art and conceptual photography—and the shortlist is widely exhibited—the selection is in effect an act of curation.