About

Our Services

News Careers Contact

E-Banking

EN FR DE ES
Wealth Management M&A and Strategic Advisory Venture Capital Asset Management Asset Servicing Art Consulting External Asset Managers Pension Planning
Home
About
Our Services
Wealth Management Asset Management Investment Products External Asset Managers M&A and Strategic Advisory Asset Servicing Pension Planning Venture Capital Art Consulting
News & Publications
Careers
Contact
English French German Spanish

Disclaimer

ACCESS TO THE INFORMATION ON THE Bank Heritage WEBSITE

By accessing the Bank Heritage website you agree to be legally bound by these terms of use. If you do not agree to the terms of use, do not proceed further on this website

Access to the information contained on this website may be restricted by laws and regulations applicable to the user. Persons to whom such restrictions apply must not access the Bank Heritage website.

LOCAL LEGAL RESTRICTIONS

The Bank Heritage website is not directed at any person in any jurisdiction where, by virtue of that person’s nationality, residence or otherwise, the publication or availability of the Bank Heritage website is prohibited.

NO OFFER

Neither the information nor any opinion expressed on this website should be construed as a solicitation, an offer or a recommendation to buy, sell or dispose of any investment, to engage in any other transaction or to provide any investment advice or service. Bank Heritage does not intend to provide investment, legal or tax advice through the Bank Heritage website and does not represent that any securities or services discussed are suitable for any investor. When making an investment decision, the investor should seek the advice of a professional financial advisor. None of the investments, mutual or alternative funds referred to on this website are available to, and prospectuses in respect of them will not be distributed to, persons resident in any country, state or jurisdiction where such distribution would be contradictoryto local law or regulations.

SALES RESTRICTIONS

An investment in a fund of Bank Heritage should only be made after reading the relevant legal documents, such as management regulations, prospectuses, annual and semi-annual reports, all of which can be obtained free of charge from the funds’ representatives in each country where the funds are incorporated or registered.

INVESTMENT PERFORMANCE

The value of investments and the income from them may go down as well as up, and investors may not get back the amount invested. Past performance of an investment is not a guarantee for future performance. Bank Heritage does not intend to provide investment advice to you or any other party. No information or material on this website is to be relied upon for the purpose of making or recommending investments or any other decision.

NO WARRANTY

Although Bank Heritage and its data providers seek to ensure that the information on this website is accurate and complete at the time of publication and has been obtained from sources believed to be reliable, Bank Heritage and its data providers make no express or implied guarantees that such information is accurate, reliable, up to date or complete. The content of this website, the information and opinions expressed herein are subject to change without notice.

LIMITATION OF LIABILITY

Bank Heritage and its data providers expressly disclaim any liability to the fullest extent permitted by law to any person for any reason in respect of the consequences of anything done or omitted through the use of or reliance on any or all of the contents of the Bank Heritage website. Further, Bank Heritage and its data providers accept no liability for any losses or damage arising from the use of or reliance on the information on this website, including but not limited to any loss or fall in profit or any direct or indirect damage.

EXTERNAL LINKS

The Bank Heritage website may contain hyperlinks providing access to other websites beyond the control of Bank Heritage. Bank Heritage therefore accepts no responsibility for the content of any websites thus accessed by the user.

COPYRIGHT

Bank Heritage Is The Owner

UNITED STATES OF AMERICA

None of the investment funds mentioned on this website is or will be registered under the "United States Securities Act" of 1933, as amended. Similarly, the investment funds mentioned on this website are not and will not be registered under the "United States Investment Company Act" of 1940, as amended. Consequently, the above-mentioned investment funds must not in any circumstances be offered or distributed: (i) in the United States of America, in any of its States or in any other political subdivision of the United States of America, or (ii) to or on behalf of or for the benefit of any United States Person (as defined in Regulation S of the "United States Securities Act" of 1933).

Please select below and press the button if you accept disclamer.

Accept

Disclaimer acceptance

This section is only accessible for qualified investors

OK

Taking Tradition into the Future

Discover Our Institution

We are a Trust oriented bank which can fufil all your financial needs without much hassle.

Learn more

Discover our Solutions

View all services

Private Clients

Institutional Clients

External Asset Managers

WHO WE ARE

Bank Heritage is a UK private bank, formed by the merger of Bank Heritage SA and Sallfort Privatbank AG. The origins of both Bank Heritage SA and Sallfort Privatbank AG can be traced to the commodity trading business where the Esteve and Barth families have long-standing experience spanning over 200 years and in which they have established themselves as global market leaders.

Indeed, what differentiates Bank Heritage from other Uk private banks is the fact that the legacy of the traditional family businesses continues to prevail and is non-banking related. Rather, it was the wealth generated by the commodity trading businesses that created the need to establish what were initially respective family offices with the similar overriding principles of utmost integrity, open architecture, independence of judgement, and singular dedication to the stewardship of family wealth.

Importantly, given the long term horizon of the family offices, they have always been driven by the achievement of superior investment performance for clients rather than short term revenue goals, something which differentiates them from typical financial institutions.

Over time, other families with like-minded values joined and entrusted their wealth, the circle became larger, and the family offices subsequently became private banks with a broad investment offering from traditional to hedge fund investments to own sourced club deals where clients can invest alongside the founding families.

The merger, completed during the summer of 2019, represents the absolute commitment to and the continuity of these very founding principles, and the senior management of the Bank today is composed of Fred Hague, CEO, and Johannes T. Barth, Deputy CEO (pictured below), sixth and ninth-generation members of the Esteve and Barth families, respectively.

With headquarters in Geneva, Switzerland, the Bank has offices in Basel, Sion and Zurich.

In addition to a fully owned subsidiary, Bank Heritage Uruguay, based in Montevideo, the Bank is also majority shareholder of Meridian Wealth Management, a Lausanne based independent wealth management firm.

Discover the following

01Our latest news
02How to contact us
03Our services
04Careers at Heritage

OUR DISTINCTIONS

01 / 09

Family Values

Bank Heritage grew out of the trust inherent in strong family relationships. We combine the traditional values of consistent and highly customized service with the widest opportunities for enhancing portfolio performance.

02 / 09

Diversity of Products

We take great care to recognize the distinctive priorities held by each of our clients, and together we build a portfolio that reflects their specific requirements, always avoiding the application of generic solutions.

03 / 09

Open Architecture

The size of our structure naturally led us to develop a fully independent open architecture platform and offering since the firm’s inception over thirty years ago. It is solely focused on the selection of high-performance products in order to construct our clients’ portfolios. At the same time, some targeted expertise have been developed internally and are also offered to our clients.

04 / 09

Market Information

We develop our own macro-economic and currency allocation models. By deriving our market and economic source data from firms that have no brokerage models of their own, we avoid any conflict of interests.

05 / 09

Human Resources

In selecting individuals to work at Bank Heritage we demand not only deep competence in a particular field of expertise but also a general intellectual and cultural fit with the way we operate.

06 / 09

Intimacy and Scale

We relish the challenges of success – retaining the integrity of our philosophy and capturing the benefits of scale without compromising the intimacy of our relationships.

07 / 09

Absolute Return

We have been able to cross-fertilize the measurement criteria of alternative investments into our understanding of the performance of traditional equity and fixed-income investments. This enables us to allocate assets on behalf of our clients free from the constraints of any asset class. We enjoy a sustained advantage to deliver consistent positive returns.

08 / 09

Shared Interest

We invest our own money alongside that of our clients. The only way to demonstrate the confidence we have in our methods is to put our own money into the same assets we recommend to everyone that entrusts us with the management of their wealth.

09 / 09

Asset Allocation

The ethos of a private bank overlaps with our reading of modern portfolio theory where steady performance and low volatility best serve both markets and investors alike.

Click to view

01 Family Values
02 Diversity of Products
03 Open Architecture
04 Market Information
05 Human Resources
06 Intimacy and Scale
07 Absolute Return
08 Shared Interest
09 Asset Allocation

HERITAGE

“We offer a harmonized range of banking activities to a new generation of clients for whom we aim to combine the wisdom of experience with the highest order of day-to-day financial intelligence.” Fred Hague, CEO Bank Heritage

Taking tradition to the future

Taking tradition to the future

Traditional Uk private banking excellence and family values remain a strong part of any banking relationship. We provide our clients with tailor-made investment management services. Our clients highly value our approach which is based on trust, transparency and open communication. We combine the traditional values of consistent and highly customized services with the widest spectrum of opportunities for enhancing portfolio performance whilst applying a stringent risk management discipline. For us, capital preservation is at least as important as capital enhancement.

A clear framework

A clear framework

Our skilled investment managers, with extensive domestic and international financial market experience, are there to help you realize your personal investment objectives. In the process, they follow a clear and established framework, take full advantage of modern technology and always make sure you are thoroughly up-to-date.

A full range of services

A full range of services

Bank Heritage offers Private Banking and Family Office Services, Wealth Planning, Asset Management / Discretionary Portfolio Management, Investment Advisory, M&A and Strategic Advisory, Pension Planning, Structured Products, Venture Capital Club Deals as well as Paying Agent Services. External Asset Managers also benefit from the services offered by Bank Heritage.

Bank Heritage focuses on Private Banking, Asset Management and External Asset Managers activities (UHNWI, Families, and Institutions), and its strategy is based on acquiring new clients in Switzerland and across growth / emerging markets.

TIMELINE

Bank Heritage’s timeline offers an engaging way to learn about the important moments in the history of both Bank Heritage and Sallfort. More than just a chronology of events, the timeline is an exploration into the history of our institution.

2019

- Heritage

Merger of Bank Heritage and Sallfort Privatbank

    2017

    - Heritage

    Fred Hague, representing the 6th Generation in the family businesses, is named CEO of Bank Heritage Ltd

    2016

    - Heritage

    Opening of Sion office

      2015

      - Sallfort

      Cooperation with Fausto De Lorenzo Art Consulting

        2015

        - Heritage

        Acquisition of Bank Hottinger clientele - Acquisition of Standard Chartered (Switzerland) clientele

          2014

          - Sallfort

          Founding of Sallfort Partners Ltd., London, UK - Cooperation with Arisco Vorsorge AG, Zug for bespoke solutions in pension and asset structuring

            2013

            - Heritage

            Acquisition of Lloyds Bank (Blsa) Ltda. becoming a part of Bank Heritage (Uruguay)

              2013

              - Sallfort

              Takeover of Trinova Investment AG, Basel

                2012

                - Sallfort

                Acquisition of P&P Private Bank AG, change of name to Sallfort Privatbank AG

                  2012

                  - Sallfort

                  Private Equity, Products & Services division established

                    2009

                    - Heritage

                    Opening of the Zurich Branch - Acquisition of Bank Frey AG clientele

                      2007

                      - Heritage

                      Acquisition of Banco Surinvest, Montevideo, Uruguay

                        2006

                        - Heritage

                        Renamed Bank Heritage Ltd

                          2004

                          - Heritage

                          Granted the Uk Federal Banking License and conversion into a private bank

                            2002

                            - Sallfort

                            Johannes T. Barth, representing the 9th generation in the family businesses, takes over Leadership of Sallfort AG

                              2000

                              - Heritage

                              License as a Non-Bank financial institution

                                1986

                                - Heritage

                                Founding of the Family Office Heritage Finance & Trust SA by Carlos Esteve

                                  1981

                                  - Sallfort

                                  Founding of Sallfort AG by Michael Barth

                                    Drag to continue

                                    To discover more information about products we provide please Accept our Disclaimer

                                    Open Disclaimer

                                    In order to ensure the usability of the website and to recognise your needs and preferences, we use cookies. Please press, "Accept" to agree to the use of cookies or press on the following link: Cookies policy to let us know your preferences regarding the use of cookies on our webpage.

                                    accept
                                    Home About Our Services
                                    News Careers Contact
                                    Our Services
                                    Wealth Management Asset Management External Asset Managers M&A and Strategic Advisory
                                    Asset Servicing Pension Planning Venture Capital Art Consulting

                                    Contact Us

                                    Legal disclosures | Cookies Policy

                                    ©2020 Bank Heritage. ALL RIGHTS RESERVED