About us

The Association of Swiss Asset and Wealth Management Banks was founded on 30. January 1981. The association represents the interests of its members. It comprises 23 banks which are headquartered in Switzerland and primarily operate in the area of asset and wealth management for private and institutional clients. The association’s members are present with their branches in 15 out of 23 cantons. Our members manage assets of around CHF 1,200 billion and employ 19,400 members of staff.

The association in figures *

in CHF billion
Total assets271.4
Reported equity capital after appropriation of earnings18.4
Interest income2.1
Income from commission and service fee activities5.8
Income from trading operations2.1
Operating expenses7.4
Gross profit2.5
Annual profit2.0
Taxes0.3
Assets under management (AuM)1'214
of which in Switzerland681
of which abroad533
Headcount19'390
of which in Switzerland11'332
of which abroad8'058

*Estimate for January 1, 2023