The bank’s Group CEO outlines how Quintet is helping clients mitigate risk and capture long-term value by integrating exposure to private markets
Quintet was recognised as Outstanding Private Bank – Europe at the 2025 PBI Awards. What does this recognition say about the bank’s strategic direction and its positioning in the European market?
We are grateful to PBI for recognising our success in building a client-centric firm that is profitable, sustainable and growing – underpinned by a unique geographical footprint, history and proximity to our clients.
Our strategy is to build on these differentiators, including a presence in more than 30 cities across Europe and the UK, and a legacy that spans more than 75 years in Luxembourg and over 200 years in several of our local markets. This foundation is reinforced by a world-class client proposition, further enhanced through our unique partnership with [investment management corporation] BlackRock.
At Quintet, we share a deep commitment to delivering exceptional client service, while our operating model is designed to give our teams more time to focus on what matters most: advancing the interests of our clients. We have much to be proud of – as this award clearly demonstrates – but recognise the constant opportunity for change and improvement to maintain our strong market position and competitive edge.
Quintet Private Bank has begun integrating private markets into client portfolios, supported by the European long-term investment fund (ELTIF) 2.0 framework and the partnership with BlackRock. Why is this important now and how do you see private markets reshaping client strategies in Europe?
Diversification is key to portfolio resilience, especially in volatile markets. That’s why Quintet integrates private markets into multi-asset portfolios – one of Europe’s first private banks to do so.
Alongside equities, fixed income and commodities, our clients can gain access to diversified alternative assets via evergreen funds. This enhanced approach unlocks opportunities once solely reserved for institutional investors, aligned with structural themes such as digitalisation and demographics. Anchored in our ‘protect and grow’ philosophy and in partnership with BlackRock, integrating exposure to private markets helps our clients mitigate risk and capture long-term value.
Client expectations are shifting from ESG and impact investing to next-generation wealth transfer and digital experiences. Which of these trends will have the biggest impact on private banking over the next decade and how is Quintet preparing for this?
Amidst the greatest transfer of private wealth in history, we believe understanding generational drivers and differences is more crucial than ever for organisations that help families protect, grow and pass down wealth. Our NextGen clients expect ESG factors to be fully integrated in their portfolios. They also expect personal service to be balanced with digital delivery.
In this context, technology is advancing rapidly and AI is already reshaping how clients expect their wealth to be managed. It is transforming not only client experience but also how we work together to meet their long-term goals.
Europe is a highly fragmented market, with strong domestic players and global competitors. Where do you see Quintet carving out a distinct advantage?
Quintet combines local proximity with global capabilities. We are close to our clients – geographically and personally. Our clients benefit from that proximity to them and are served by professionals who speak their language and understand their long-term goals.At the same time, they benefit from our European scale and global perspective. Our experts collaborate across borders to bring the full breadth of Quintet’s capabilities to every relationship, regardless of where the client is based.
Time is our most valuable resource. That is why we continue to simplify our organisation and the way we work together, so we can focus on protecting and growing our clients’ wealth across economic cycles and generations. By working collaboratively, we ensure our time is spent where it adds the greatest value – in service to our clients.
What do you see as the critical success factors for the next five years and how do you intend to ensure Quintet is among the winners?
Nothing is more important than delivering outstanding client experience as a trusted adviser – one that is agile and efficient, allowing us to invest more time in understanding and meeting client needs.
Our success will be defined by our ability to provide world-class advice on critical topics such as wealth planning and intergenerational wealth transfer. This means striking the right balance between personalised service and digital innovation, ensuring every client receives the tailored support they expect, delivered in the way they prefer.
Chris Allen
Group CEO
Quintet Private Bank