16.09.2025
Gold moves to new all-time highs
In September, gold rose to new all-time highs, approaching USD 3,700 per oz. The upward move reflected several factors.
UBP Family Office Solutions
Guided by our own values as an entrepreneurial, family-owned bank, at UBP we are committed to providing high-level guidance designed to protect, grow and manage your family’s wealth across generations.
Preserve and grow your family legacy
We engage families with emotional awareness and empathy, addressing challenges like succession planning, decision-making clarity, and next generation engagement. Whether you need a tailor-made governance framework, support in managing family dynamics, or strategic solutions for wealth preservation and growth, we help you turn complexity into clarity, so your legacy thrives for generations to come.
UBP remains in the hands of the de Picciotto’s, and is a leading family-owned bank. The second generation successfully took over full management in 2016. The third generation is now rising through the ranks, poised to shape the future. The fact that the shareholders are one family guarantees our solidity and the alignment of the shareholders’ interests with those of our clients: UBP is a bank built on legacy and long-term commitment.
Our Family Office Solutions Team provides you with one single entry point to a global perspective. With access to the full range of UBP's expertise, we provide our clients with institutional-level services. We build strategic and diversified portfolios reflecting your family’s purpose and DNA.
Our approach is rooted in trust, discretion, and close collaboration with carefully selected internal and external specialists. Every solution caters to each family’s unique values, priorities, and long-term vision. We are committed to providing attentive and personalised support for your family at every stage of our process.
Our goal is to create lasting peace of mind and ensure your family legacy is protected and preserved across generations.
"Managing a family-owned private bank has enabled us to acquire a better understanding of the responsibilities and complexities that the management of family wealth implies."
A solid partner by your side
UBP is a forward-thinking bank that anticipates and innovates, providing you with the right solutions for now and for the future. Headquartered in Geneva, with offices in Switzerland and beyond, we have become one of the largest family-owned banks in the world. Our prudent and rigorous approach to risk and balance-sheet management has helped build a strong financial base.
Data as of 31 December 2024
Aa2
Moody’s long-term deposit rating
-
Nextgen Trainees
80+ -
Investment specialists
200+ -
Families
150+
Our family office approach
Understanding your family’s DNA to shape a tailored strategy
We guide you in creating a tailored family roadmap by exploring family dynamics.
- Family Genogram
- Generational Workshops
- Wealth Planning
Establishing family governance and guidelines to protect your wealth legacy
We focus on creating family guidelines that align with your family's goals and mission.
- Family Investment Committee
- Investment Policy Statement (IPS)
- Strategic Asset Allocation (SAA)
Ensuring financial security through reviews, controls, and monitoring
We focus on preparing your family for future endeavours with professional supervision.
- Outsourced CIO (OCIO)
- Investment Review
- Risk Management
Our holistic solutions
UBP Family Office Solutions offers a holistic approach centered around 3 dimensions: Human, Wealth, and Ecosystem.
The human dimension emphasises attentive listening and empathy to understand the Family DNA and craft personalised guidelines.
As a pure-play wealth and asset management bank, we provide institutional access through a team of over 200+ investment specialists.
Our ecosystem of trusted partners aims to simplify the selection process for external specialists by recommending efficient and secure providers.
WealthBriefing Swiss Awards 2024
Best Family Office Offering
Your Family Office Solutions team
Monica Espinosa
Head of Family Office Solutions
Monica has over two decades of experience in wealth management, having headed up services to EAMs and led change management initiatives. Among her qualifications she holds the CFWA and CFBA family wealth and business certifications from the Family Firm Institute (FFI).
Pierre Ricq
Senior Family Advisor
Pierre leverages two decades of experience in private banking. He holds the CIWM and CWMA postgraduate certifications and has completed an executive program at INSEAD. Pierre leads the Family Officer Certificate program at ISFB.
15.09.2025
UBP Weekly View - All eyes on central bank meetings
Equities advanced over the week on expectations of a first Fed rate cut on 17 September. Investors will scrutinise the Fed’s commentary for guidance on further potential cuts in October and December, moves which have largely been priced in by the markets. Policy meetings are also scheduled at the Bank of Canada (BoC), the Bank of England (BoE), and the Norges Bank, with the European Central Bank (ECB) having decided last week to leave its key rate unchanged at 2%.
12.09.2025
India: Steadfast amid rising geopolitical challenges
Trade tensions with the United States, marked by 50% tariffs on Indian exports, have dampened sentiment. However, despite trade-related uncertainties, the growth outlook has been revised upwards, reflecting India’s strong long-term potential.
09.09.2025
UBP House View - September 2025
The Fed now appears to prioritise labour market stability over inflation risks, prompting us to reshape our investment strategy and overall asset allocation.
08.09.2025
UBP Weekly View - Soft US labour data raise Fed rate cut expectations
Without further pressure from the White House, the Fed is set to cut rates in September. Markets are debating whether the move will be 25 or 50 basis points after weak payroll figures, though we continue to expect only a 25-bp cut given the persistent inflationary pressures. The prospect of lower rates has buoyed equities, while attention this week will turn to US inflation data for evidence of tariff-related effects.
08.09.2025
Towards a lower rate era
The start of autumn marks a turning point for the Federal Reserve; our rate outlook is shifting accordingly.
01.09.2025
UBP Weekly View - Nvidia disappoints, yet tech stocks advance
While President Trump is pressing for greater influence over the Fed in the pursuit of lower interest rates, US small caps continued to benefit from declining short-term US yields. Attention turned to Nvidia where strong Q2 earnings were eclipsed by underwhelming guidance and geopolitics impacting sales in China, sending the stock lower; even so, global technology equities outperformed. This week, the focus is set to shift to key US macro indicators, namely employment data.
25.08.2025
UBP Weekly View - Markets rally after Jackson Hole symposium
With Fed chairman Jerome Powell opening the door to a rate cut in September, last week’s Jackson Hole symposium reinforced our forecast of two reductions this year. Global equities closed on a positive note, buoyed by the policy easing. However, the impact of tariffs must be fully assessed over the coming weeks.
