Alignment of interests
The partners carry unlimited personal liability for the bank’s commitments. They invest alongside clients and they carry the same downside, which creates alignment and reduces conflicts of interest at the level of the structure rather than the level of policy. There is no house product range the bankers are asked to place. Selection is made across the market. The bank is wholly dedicated to private banking. It runs no investment-banking book, takes no speculative proprietary positions, and extends no credit beyond loans secured against a client’s own portfolio.Wealth management built to order
Portfolios are constructed around a client’s own financial situation rather than assembled from a standard range. Because there is no in-house shelf to favour, product selection stays open across the market.Decision-making and execution
Decisions are taken close to the client. The bank can act quickly on market opportunities and on bespoke client requests.Long-term relationships
The bank has been owned and led by the same family for five generations, with no external shareholders, so it plans on a long horizon rather than to a reporting quarter. Teams are small.Confidentiality and discretion
The partners’ own assets and reputation stand behind the bank. That gives a direct and personal incentive for strict confidentiality and for prudent risk management.Pricing set at the outset
Fee structures are set out at the start of the relationship, so the client knows the basis on which the bank is paid before anything is invested.In one view
Related
- What kind of bank Bordier is, the structure these points rest on.
- The Swiss private-banker model, unlimited personal liability in Swiss law.
- Wealth Management, the mandates and how they work.
- How Bordier invests, the investment approach behind a portfolio.
General information only. Not investment advice, not a solicitation and not an offer. Eligibility, services and terms differ by jurisdiction and by client. Speak to your banker about your own circumstances.