Pictet & Cie (Europe) S.A., Niederlassung Deutschland products, services and reviews

About Pictet & Cie (Europe) S.A., Niederlassung Deutschland

Pictet & Cie (Europe) S.A., Niederlassung Deutschland is the German branch of Pictet & Cie (Europe) S.A., a Luxembourg-authorised credit institution within the Pictet Group. Operating from Frankfurt am Main, it focuses on private banking and wealth management for high-net-worth individuals, family offices and professional investors. Services include discretionary and advisory portfolio management, execution-only dealing, custody and consolidated reporting, secured lending against financial assets (Lombard), cash management in major currencies, foreign exchange, and access to in-house and third-party funds alongside listed securities and structured products. Accounts are typically booked in Luxembourg; deposits are covered by Luxembourg’s Fonds de garantie des dépôts Luxembourg up to EUR 100,000 per depositor, and investment business falls under the Luxembourg investor-compensation scheme (SIIL) up to EUR 20,000, subject to statutory limits and exclusions. Prudential supervision is by the CSSF in Luxembourg, with local conduct and branch oversight by BaFin and the Deutsche Bundesbank. The institution does not target the mass retail market: relationship minimums apply, there is no broad branch network, and consumer products such as standard current accounts, retail mortgages or bundled card packages are not a focus. Pricing is individually negotiated and typically comprises management or advisory fees, custody charges, transaction commissions and FX spreads; certain strategies or funds may apply performance fees. Onboarding follows MiFID II and AML/KYC rules and requires documented source-of-wealth and tax information; clients receive regulatory reporting and online access for portfolio monitoring.