In Switzerland, only a small number of banks may lay claim to the status of “private banker” or “private bankers”. This highly specific, protected legal form is a guarantee of independence and an assurance of tradition and expertise. Most of the banks concerned, such as Gonet & Cie, were founded in the 18th and 19th centuries. Indeed, banks organised in this way represent the oldest form of the Swiss banking institution.
All of these banks – whether single-owner businesses or, more frequently, general partnerships – have an essential trait in common: the private banker is both a banker and an entrepreneur who pledges his entire personal assets against the bank’s liabilities. Unlike corporations, organised as joint-stock companies and subject to pressure from shareholders and their boards of directors, the “private banker” status means that the interests of bank and client naturally converge.
At Gonet & Cie, this status underpins the relations of trust and partnership that unite our Bank with its clients, and ensures our independence and long-term vision.