LGT Bank AG, headquartered in Vaduz, Liechtenstein, is a private banking and asset management institution with a global presence.
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This page will explore what is LGT Bank, what it does, and whether its offshore financial services work for your financial needs.
What is LGT Bank?
Founded in 1920 as Bank of Liechtenstein, what is LGT Bank now is wholly owned by the Princely House of Liechtenstein through the Prince of Liechtenstein Foundation.
The bank operates under the umbrella of LGT Group, which includes LGT Private Banking and LGT Capital Partners, its asset management arm.
Its Private Banking division (LGT Private Banking) and Asset Management division (LGT Capital Partners) both operate as independent entities.
Who owns LGT Bank?
The Princely House of Liechtenstein has owned LGT Group for centuries, with its history closely tied to the country of Liechtenstein since Prince Karl I, the first Prince of Liechtenstein, in the 16th century.
The group’s governance structure is overseen by the Foundation Board, chaired by H.S.H. Prince Max von und zu Liechtenstein.
LGT maintains a focus on stability through strong financial fundamentals, including high liquidity, solid capitalization, and efficient management practices.
LGT Bank Executive Management
- Olivier de Perregaux – CEO, LGT Private Banking
- Dr. Henri Leimer – CEO LGT Private Banking Asia Pacific
- Walter Giger – CEO LGT Financial Services
- Michael Bürge – CFO LGT Private Banking
- Roland Matt – CEO LGT Private Banking Europe, CEO LGT Bank
Is LGT Bank a good bank?
As of June 2024, LGT Bank operates with over 5,800 employees across more than 30 global locations.
The bank manages client assets totaling CHF 356 billion, with a net profit of CHF 174.6 million.
LGT Bank holds an A+ rating from S&P and an Aa2 rating from Moody’s, which highlight its robust balance sheet and low counterparty risk.
The bank is one of the few private institutions to undergo regular credit reviews, which lends credence to its claims of transparency and financial security for clients.
What does LGT Bank do?
LGT Private Banking provides customized investment solutions tailored to individual client needs, emphasizing a personal approach to wealth management.
Relationship managers work closely with clients to develop bespoke offshore investment strategies that align with their financial goals and values.
What is LGT Bank’s investing strategy?
The bank offers include both LGT’s own products and carefully selected third-party options, with a strong focus on sustainability and long-term wealth preservation.
- The Princely Strategy
Invest according to the same long-term, conservative strategy employed by the Princely Family of Liechtenstein. - Sustainable Investing
Focus on attractive investment opportunities that contribute to a sustainable future. - Impact Investing
Invest in companies that generate financial returns while creating positive environmental and social impact. - Private Markets
Participate directly in the success of companies by acquiring equity stakes in private businesses. - Wealth Planning
Comprehensive planning for families with complex asset structures to preserve and grow wealth across generations.
LGT offers two distinct investment services, depending on a client’s level of involvement in managing their portfolio:
Portfolio Management
- Clients define their strategy with a wealth manager.
- LGT manages assets according to client instructions.
- The bank monitors the portfolio and provides regular reports.
- Minimal client involvement in daily investment decisions.
Investment Advisory
- Clients set their strategy with an advisor but remain in control of investment decisions.
- LGT recommends investment options aligned with the client’s strategy.
- Clients make the final decisions and place orders.
- The portfolio is regularly monitored, with transparent reporting.
LGT Private Banking also offers several complementary services such as offshore trading and investing services for securities, precious metals, and foreign currencies, and customized financing solutions to meet private banking clients’ needs. Options include short-term liquidity, investment financing, or property purchases.
Where is LGT Bank located?
LGT Bank span Australia, Hong Kong, Ireland, Japan, the Middle East, Austria, Switzerland, Singapore, Thailand and the United Kingdom. Its main offices are below.
Vaduz Office
- Address: Herrengasse 12, 9490 Vaduz, Liechtenstein
- Phone: +423 235 11 22
- Website: www.lgt.com/li-en
- Opening Hours: Monday to Friday, 8 am – 4.30 pm
Bendern Service Center
- Address: Schaanerstrasse 19, 9487 Bendern, Liechtenstein
- Phone: +423 235 11 22
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