Pictet Group has reported assets under management or custody of SFr757bn ($987bn) for the year ending 31 December 2025, up 4.5% from SFr724bn in 2024.  

The group posted a consolidated profit of SFr667m in 2025, almost flat compared to the prior year.  

The company’s operating result rose by 3.7% to SFr846m compared to the previous year, while operating income reached SFr3.21bn, marking a 1.5% increase from 2024. 

Net new money for the year totalled SFr19bn, contributing to the overall growth in assets. 

As at the end of December 2025, Pictet’s liquidity coverage ratio stood at 191%, surpassing Basel III requirements.  

The total capital ratio was reported at 21.6%, remaining well above FINMA’s minimum requirement of 12%. 

Pictet Group senior managing partner Marc Pictet said: “Pictet delivered solid results once again in 2025. In a dynamic market environment, the Group lifted assets under management to a new high through strong investment performance and a substantial inflow of net new money – underscoring the resilience and enduring strength of our long-term business model.” 

The Geneva-based group, established in 1805, operates as a partnership structure and specialises in wealth management, asset management, alternative investments, and related services. Pictet does not participate in investment banking or grant commercial loans. 

Globally, the group has a workforce of around 5,500 across 31 offices in cities including London, New York, Singapore and Zurich. 

In 2025, Switzerland’s Office of the Attorney General fined Pictet Bank SFr2m for what it described as organisational lapses linked to money laundering activities.

The office stated: “Pictet Bank was sentenced to a fine of SFr2m ($2.4m) for failing to take all reasonable and necessary measures to prevent these acts from being committed.”