Pictet Asset Management Sa (Geneva)

Pictet Asset Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Pictet Asset Management: assets under management

The assets under management (AUM) of Pictet Asset Management Sa is $156.25 billion. The firm's AUM has grown by 35% since the beginning of its operation, and $155.87 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $155.72 billion in discretionary accounts and $529.67 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $369.89 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $529.67 million.

Investments

The firm invests in pooled investment vehicles the most. They account for 40% of the total AUM. The second-largest asset type is exchange traded securities, which make up 37% of the firm’s portfolio. Investments in sovereign bonds form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Pictet Asset Management Sa for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Pictet Asset Management serves?

The firm provides services to insurance companies, investment companies, charitable organizations, high net worth individuals, pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Pictet Asset Management is pooled investment vehicles with 251 clients and $136.97 billion of assets under management. Among the 9 most similar advisory firms, Pictet Asset Management has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $155.88 billion for 412 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 99% of the firm’s clients are foreign persons or businesses.

Pictet Asset Management also advises several private funds. Namely, three hedge funds and two other private funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $500,000.

Careers at Pictet Asset Management Sa

The company employs 484 people that are either part- or full-time employees. 25 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 7 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Indirect Owners

The SEC currently registers 29 indirect owners.

Based in Geneva

The principal office where Pictet Asset Management Sa performs its advisory services is located at 60 Route Des Acacias, Geneva, 1211 73, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number +41-58-323-3333. The normal business hours are 9 a.m - 5 p.m. on Monday - Friday. You can find more information about the New York firm at pictet.com/pam.

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