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Adam Abdellaoui
Of Counsel
Your consultant
Reichmuth & Co— Bank account opening in Switzerland
Date of last update: 12 January 2026
Reichmuth & Co is an independent Swiss private bank founded in 1996 in Lucerne, converted into a bank in 1998. The institution specializes in asset management for high-net-worth private clients and institutional investors, managing a portfolio exceeding CHF 15 billion. Reichmuth & Co maintains the rare partnership structure with unlimited liability—a model used by only five banks in Switzerland as of 2026.
+41 (44) 5152530
Reichmuth & Co
Independent Swiss Private Bank
Structure
Unlimited Liability Partnership
One of 5 banks in Switzerland
Assets Under Management
CHF 15bn+
Private & Institutional Clients
Founded
1996
Lucerne, Switzerland
Philosophy
Integral Approach
Partners invest with clients
Our Offices
Exclusive Investment Solutions
Exclusive Funds
- • Reichmuth Alpin Family
- • Reichmuth Dividend Selection Switzerland
- • Reichmuth Global Leaders
- • Reichmuth Bottom Fishing
Executive Pension (1e)
Individualized supplementary pension solutions for executives allowing independent investment strategy.
Minimum Annual Income
CHF 132,300
Process & Requirements
01
Consultation
Personal discussion of needs and goals via phone or email.
02
Documentation
Provide passport, proof of income source, and complete questionnaire.
03
Activation
Verification, contract signing, and access to online banking.
Target Asset Level
> CHF 1,000,000
For optimal fee structure
Standard Timeline
2–4 Weeks
With complete documentation
Bank History
1996
Foundation in Lucerne by Karl and Christof Reichmuth as an asset management company.
1998
Obtained banking license. First private bank created in Switzerland in 80 years.
2013
Opened offices in Zurich and St. Gallen. AUM reached CHF 8 billion.
2025
Assets under management exceeding CHF 15 billion with a team of 160+ specialists.
Maria Werner
Of Counsel – specialized in corporate law and tax law
info@goldblum.ch
+41 (44) 5152530
Structure Comparison
Partners with Unlimited Liability
Partners are personally liable for the bank's obligations with their private assets.
Christof Reichmuth
Partner
Remy Reichmuth
CEO & Partner
Jürg Staub
Partner
Frequently asked questions
Reichmuth & Co maintains a partnership structure with unlimited liability of partners—a model used by only five Swiss banks in 2026. UBS is a joint-stock company with limited liability and a wide range of services (investment banking, retail). Reichmuth focuses exclusively on private banking for high-net-worth clients, which allows avoiding conflicts of interest and ensuring a personalized approach.
Bank partners are liable for obligations with all their personal property, including assets outside the bank. If the bank cannot repay debts, creditors have the right to make claims against the partners' personal wealth. For clients, this is an additional guarantee: partners risk their own funds, which stimulates conservative risk management and careful investment selection.
Reichmuth & Co opens accounts from CHF 5,000, but the economic feasibility of services is evident with assets from CHF 1 million due to the fee structure and personalized approach. Exact conditions are discussed individually during the initial consultation.
No. The bank specializes in serving high-net-worth private clients (HNWI), their families, foundations, and institutional investors. Reichmuth & Co does not provide retail banking services—the focus is exclusively on asset management, investment advisory, and family offices.
The bank serves international clients from diverse jurisdictions, including non-residents. Acceptance of US persons, PEPs, and complex UBO structures is determined individually based on compliance requirements and substance expectations. For specific restrictions and requirements, contact the bank directly.
Fee structure and minimum mandates are determined individually based on service type and portfolio size. For typical total cost of ownership (TCO) examples and detailed tariffs, contact the bank for a personal consultation.
Standard KYC/AML documentation includes: passport, proof of address, source of wealth (SoW) and source of funds (SoF) documentation, beneficial ownership declarations for structures. The bank may request additional documents depending on client profile and jurisdiction.
Common reasons include: unclear source of funds, sanctions risks, insufficient substance for complex structures, incomplete documentation, or failure to meet enhanced due diligence requirements. Proper preparation of SoW/SoF documentation and transparent beneficial ownership disclosure significantly reduce rejection risks.
The bank follows Swiss and international sanctions regulations. Acceptance of clients from specific jurisdictions is determined on a case-by-case basis with enhanced due diligence. Contact the bank directly for current geographic restrictions.
Remote account opening may be possible with video verification and notarized documents, depending on jurisdiction and client profile. Contact the bank to discuss remote onboarding options for your specific situation.
Reichmuth & Co is authorized and supervised by the Swiss Financial Market Supervisory Authority (FINMA). The bank participates in the Swiss deposit insurance scheme (esisuisse), which protects deposits up to CHF 100,000 per depositor.
The bank provides access to exclusive funds including Reichmuth Alpin Family, Reichmuth Dividend Selection Switzerland, Reichmuth Global Leaders, and Reichmuth Bottom Fishing. Each fund follows the bank's philosophy of long-term value investing and counter-cyclical strategies.
Reichmuth & Co offers individualized supplementary pension solutions (1e-Sammelstiftung) for executives with annual income from CHF 132,300. Solutions are based on the second pillar of the Swiss pension system (BVG) and allow clients to independently determine investment strategy with tax optimization.
The bank employs multilingual staff fluent in German, English, French, and other languages to serve international clients from diverse jurisdictions.
The process usually takes 2–4 weeks with a complete set of documents. Timeline depends on the complexity of the client structure and completeness of documentation provided during initial stages.
Adam Abdellaoui
Your personal contact
Of Counsel
Contact us to learn more about opening a Swiss bank account
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