Bordier & Cie

Ami Bordier, the founder of Bordier & Cie, depicted in 1910

The Bordier bank was founded in 1844 when Jaques Reverdin, who was previously employed at the Pictet bank, started the company to become a banker in Geneva.[1][2] In 1871, Reverdin's son-in-law Ami Bordier joined the company as a business broker. Upon Reverdin's death in 1895 the management of the bank was given to Bordier and the institution was renamed Bordier & Cie.[2]

Ami Bordier was joined by his two sons, Pierre and Édouard, in 1897 and 1904 respectively. In 1906, the institution relocated to number 16 rue de Hollande in Geneva, where its headquarters are located today. In 1917, Ami Bordier retired and his sons became the bank's managers.[2] Guillaume and Jacques Bordier, Pierre's sons, became partners in 1936 and Raymond, Pierre’s third son, and Edmond Bordier, Édouard’s only son, joined in 1938.[3][4] In 1966, Philippe Bordier, Jacques’ oldest son, and André Bordier, Guillaume’s son, joined the bank as partners and in 1974 they were at the head of the bank.[5]

In 1975 the bank used an IBM system to computerize and automate their banking system. The bank later adopter the Olympic software at the end of the 1980s, which allowed staff to manage clients’ accounts online.[6]

In 1992, Pierre Poncet became a partner, the first time someone outside of the Bordier family occupied this position.[7] Gaétan Bordier joined the bank in 1994, becoming the fifth generation to be employed by the company. Gregoire and Evrard, also from the fifth generation, joined as partners in 1997 and 2011, respectively.[8][9]

In August 2018 Bordier & Cie became the last private banker in Romandy.[10] In 2020, the Bordier bank changed its legal status to a partnership limited by shares which allows them to reduce the amount of taxes they pay when building their reserves. The institution maintained its status of “private banker”, the only French-speaking bank in Switzerland to have this.[11]

Bordier & Cie is headquartered in Geneva with branch offices in Nyon, Bern and Zurich. Outside of Switzerland it has branches in Paris, Brest, Rennes, London, Providenciales in the Turks and Caicos Islands, Montevideo in Uruguay and Singapore.[12] It is a member of the Swiss Private Bankers Association.[13]

Bordier & Cie operates as private bankers.[14] Their services focus on wealth management including tax advice, financial planning, and family services.[15] The bank also has an asset management branch.[16]

In 2001 Bordier & Cie acquired a 45% share of Berry Asset Management, a private management firm in the United Kingdom. It became a majority shareholder in 2007 when it increased its share to 90% of the company.[17] In 2007 the company expanded in to Uruguay and in 2018 purchased Helvetia Advisors, a consultancy firm.[18] The bank opened in Paris in 2006 under the Bordier & Cie (France) S.A. subsidiary and opened regional offices in Brest and Rennes in 2017.[19]

Bordier & Cie opened a branch in Singapore in 2011.[9] The bank partnered with Military Commercial Joint Stock Bank in Vietnam in 2018 and they created a joint venture in 2020.[20]

• Official website