Private Banks
Lombard Odier
An independent review of Lombard Odier by our team of experts
Book a Discovery CallSummary
Lombard Odier is a Swiss private banking group, founded in Geneva in 1796 and one of the oldest private banks in Switzerland.
It offers private banking, wealth management and mortgage solutions to high-net-worth individuals, and reported assets under management of around CHF 192 billion (end of 2022). Lombard Odier opened a Dubai office in 2007 under the supervision of the Central Bank of the UAE.
The bank is regulated by the CSSF in Luxembourg, and its UK branch by the Prudential Regulation Authority and the Financial Conduct Authority.
Pros
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Long-established Geneva heritage (since 1796)
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Strong digital banking
Cons
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Expensive
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Not the best way to invest
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Smaller, boutique scale
Our verdict
Lombard Odier is one of Geneva's oldest private banks, founded in 1796, with genuine heritage and a long pure-play tradition. For a senior international client, however, heritage and scale are different things.
It remains a relatively small, boutique house. That can mean less access to best-of-breed thinking across banking, investment and planning, and a real chance that the depth of specialist skill behind your banker is thinner than a larger institution can offer. For complex, cross-border affairs, that breadth matters.
The more fundamental point applies to any bank. A bank sells what a bank holds. Serious wealth work begins one level up, with the whole picture coordinated across your investments, structures, pensions, protection and succession, and with advice that answers to you rather than to a product shelf.
If you are already a private banking client of Lombard Odier, a no-obligation Second Opinion will show whether your portfolio still serves your plan, or whether the plan was ever the starting point. AES will also review the thinking that led to the investments you currently hold.
FAQs
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Where are Lombard Odier's offices for private clients?
- Lombard Odier has private client offices in financial centres worldwide, including Geneva, Zurich, Lausanne, London, Luxembourg, Madrid, Milan, Paris, Brussels, Dubai, Abu Dhabi, Hong Kong, Singapore and Tokyo.