• Wealth planning
  • Family governance

Wealth planning

The way in which you hold your wealth and the tax and legal implications of your circumstances are as critical to your long-term financial success as your choice of investments.

The years since the global financial crisis have seen radical changes in the legal and tax environment worldwide. Navigating the enormous number of regulations introduced both nationally and internationally can be challenging, but it is still possible to hold wealth and ensure that it is passed on as efficiently as possible.

Pictet’s wealth planning service can help you assess your situation and review whether your current arrangements are adequate to meet your objectives – for you, and for future generations. Working with our trusted network of external specialists, we can analyse your legal and tax situation, review your options and

How we help

Legal and tax guidance

We can assist in many different situations, depending on your wishes and the complexity of your circumstances – whether it is simply understanding the taxation of your investment portfolio, or acquiring, restructuring or selling a business.

Our expertise also extends to investing in real estate, gifts and inheritances, cross-border succession planning and establishing charitable structures.

Trusts and foundations

Establishing a trust or a foundation can be an effective way of protecting assets and ensuring continuity for future generations.

Pictet can work with fiduciary companies who act as trustees or board members and guide you on how to establish the right structure to ensure that your wishes will be achieved to the greatest extent possible.

Life insurance

This can be an effective way to provide for your future needs, as well as protecting and growing your wealth in the short term.

With a well-designed policy, you can provide for your own pension and also use it as a means to pass your wealth on to successive generations.

Investment companies and investment funds

It may be advantageous to set up a specific holding company to ensure the efficient management of your portfolio and financial undertakings.

Furthermore, the use of an investment fund can have advantages, notably for alternative investments such as private equity and real estate.

Family governance

Money is no more than a means to an end – the means to achieve your goals in life. Before Pictet begins to discuss investment solutions with you, our first step will be to understand your family objectives.

How we help

A family wealth strategy

When dealing with family wealth, a strategy is needed if it is to be protected and enhanced from generation to generation. Your family’s aims must first be defined, taking into account the sometimes conflicting desires of members with different ages, attitudes and objectives in life. All components of your family wealth need to be integrated – human, intellectual and social, as well as financial.

Preparation for key family events

Preparations must be made for events such as the disposal of the family business or the introduction of new family members into it. A transfer to your children –and to their children – requires long-term planning, with appropriate education to ensure a smooth transition.

Philanthropy

We can also assist you with any philanthropic activities you wish to pursue and in setting up charitable foundations, defining their objectives and managing them effectively. Philanthropy can involve family members in managing such activities and help prepare the next generation for taking over their responsibilities.

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Wealth Management

We can help you grow, monitor and control your wealth.

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How can we help?

If you think Pictet could help you and your family and would like to talk with us, please get in touch.

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