# Pictet Asset Management Limited

> Pictet Asset Management Limited is an SEC-registered investment advisory firm in London, United Kingdom, registered since 1980, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated July 23, 2026.

- CRD: 105205
- Filed as: PICTET ASSET MANAGEMENT LIMITED
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: London, United Kingdom
- Filing period: October 2026
- Form ADV filing dated: July 23, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/105205
- AdvisorCensus page: https://advisorcensus.com/firm/pictet-asset-management-limited-london-105205

## Quick answers

**How is Pictet Asset Management Limited compensated?**
On its Form ADV (Item 5.E, October 2026), Pictet Asset Management Limited reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Pictet Asset Management Limited located?**
Pictet Asset Management Limited's principal office is in London, United Kingdom, according to its Form ADV.

**Is Pictet Asset Management Limited registered with the SEC or a state?**
Pictet Asset Management Limited is an SEC-registered investment advisory firm, registered since 1980. Status as filed: Approved. CRD 105205.

**How much does Pictet Asset Management Limited manage?**
Pictet Asset Management Limited reports $24,402,650,973 in regulatory assets under management in its Form ADV filing dated July 23, 2026 (100% discretionary).

**How have Pictet Asset Management Limited's assets and staff changed since 2021?**
In the Form ADV data for Pictet Asset Management Limited: Regulatory assets under management: $33,199,572,833 in the October 2021 data and $24,402,650,973 in the October 2026 data, down 26%. Total employees: 357 in October 2021 and 314 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Pictet Asset Management Limited serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (114); pension and profit sharing plans (but not the plan participants or government pension plans) (7); investment companies (1).

**Which custodians does Pictet Asset Management Limited use?**
Pictet Asset Management Limited's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Banque Pictet & CIE S.A. (affiliated with the firm), JPMorgan Chase Bank, N.A. London and The Northern Trust Company as custodians holding 10% or more of its separately managed account assets.

**Does Pictet Asset Management Limited report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/105205

**What changed in Pictet Asset Management Limited's recent Form ADV filings?**
In the August 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Custodians (Schedule D, Section 5.K(3))
- Banque Pictet & CIE S.A. (affiliated with the firm)
- JPMorgan Chase Bank, N.A. London
- The Northern Trust Company

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $24,402,650,973
- Discretionary: $24,402,650,973
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 0 | $0 |
| Banking or thrift institutions | Fewer than 5 | $160,066,939 |
| Investment companies | 1 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 114 | $22,658,551,589 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 7 | $1,101,084,969 |
| State or municipal government entities (including government pension plans) | Fewer than 5 | $410,760,164 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | Fewer than 5 | $72,187,312 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Portfolio management for investment companies (and business development companies)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 1980 (46 years)
- Employees: 314 total, 85 performing advisory functions
- Wrap fee program participation: Yes
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [am.pictet/en/globalwebsite/institutional](https://am.pictet/en/globalwebsite/institutional)
- Facebook @Mega.online
- LinkedIn @pictet-asset-management
- X @PictetAM

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $33,199,572,833 | 357 | April 16, 2021 |
| October 2022 | $30,743,487,920 | 351 | March 29, 2022 |
| October 2023 | $21,991,473,024 | 372 | March 23, 2023 |
| October 2024 | $22,594,457,439 | 342 | August 16, 2024 |
| October 2025 | $21,396,655,451 | 335 | July 17, 2025 |
| October 2026 | $24,402,650,973 | 314 | July 23, 2026 |

Regulatory assets under management: $33,199,572,833 in the October 2021 data and $24,402,650,973 in the October 2026 data, down 26%.
Total employees: 357 in October 2021 and 314 in October 2026.

## Changes in the filing (last 12 months)

### August 2026
- Updated its list of owners and control persons (Schedule A).

### July 2026
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Employees performing advisory functions went from 115 to 85.
- Regulatory assets under management went from $21,396,655,451 to $24,402,650,973 (+14%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Pictet Asset Management Limited (CRD 105205): Form ADV filing data as of October 2026.