With a client list that makes history and defines success, Coutts is renowned for its personal approach to private banking and wealth management.
The 326-year-old institution provides brilliant banking, flexible lending and reliable investments to cater for all aspects of its clients’ lives.
The company’s rich history began in 1692 when a young Scot called John Campbell set up shop as a goldsmith on the Strand in London – across the road from where Coutts’ iconic building now stands. As well as supplying jewellery and other gold and silver items, Campbell offered a banking service – discounting bills, making loans and taking deposits.
From these humble beginnings, Coutts has become the world’s best-known private bank. It provides first-class day-to-day banking services such as current accounts, mortgages, credit cards and lending, but goes much further to offer an exceptional service for exceptional people. For example, it provides a multi-currency debit card that reflects the international lifestyles of its clients, enabling them to use just one card when overseas without paying conversion currency charges.
It is also an established investment house, helping clients make the most of their money through a range of investment services. Its Coutts Invest service gives clients direct access to its expertise online – they can invest in a few clicks. The value of investments can of course go down as well as up, so there is always a risk of getting back less than you put in, but the experts at Coutts make well-informed decisions based on carefully thought out investment principles.
Coutts takes great pride in being much more than just a bank. It is a trusted adviser with a deep understanding of clients’ lives. Its vast experience working with the wealthy underpins a unique understanding of their priorities, pastimes and passions. CEO Peter Flavel says: ‘Three centuries supporting wealthy clients has given us unparalleled knowledge of their needs and the exceptional level of service they require. What defines us is that we go beyond banking and support our clients and their families across all aspects of managing their wealth.’
A good example of this approach is the bank’s ground-breaking biennial publication the Coutts Index – a unique insight into passion assets and objects of desire such as fine wine, classic cars and collectible watches. It captures these items’ changing value and shows clients what their most prized possessions are worth.
Coutts also uses its extensive network of Britain’s most creative and resourceful people to support entrepreneurs, investors and the wider economy. Through its Investment Opportunity Service, it can introduce people who want to invest in fledgling businesses to entrepreneurs looking for capital. And its award-winning Coutts Concierge service helps clients with everything from booking a hotel room to getting coveted concert tickets.
For most people, banking is a necessity. But if you’re a Coutts client it can also be a luxury.
Coutts 440 STRAND, LONDON WC2R 0QS +44 (0)20 7753 1000