Société générale private banking (Monaco)

Société Générale Private Banking (Monaco) S.A.M. is the Monegasque private banking arm of the Société Générale group, serving high‑net‑worth and ultra‑high‑net‑worth clients with wealth management, investment services, and credit solutions. The Monaco booking center offers discretionary portfolio management, investment advisory, execution-only and custody across multi‑asset classes, including cash, fixed income, equities, funds, structured products, and, where eligibility and regulation allow, alternative investments. The platform supports multi‑currency accounts, international payments, cards, consolidated reporting, and secure digital access, and can arrange financing such as Lombard lending secured by financial assets and real estate loans for eligible borrowers; terms, collateral requirements, and availability depend on client profile and jurisdiction. Wealth planning typically involves coordination with internal and external specialists on cross‑border structuring, succession and estate topics, and unit‑linked life insurance solutions commonly used in the region, subject to local regulations and suitability. Relationship management is delivered by dedicated bankers supported by investment, credit, and product teams, with access to the broader group’s research and capital markets capabilities. The Monaco entity operates under local regulatory oversight and applies standard onboarding controls, including identification, source‑of‑wealth verification, tax documentation, and suitability and appropriateness assessments. Pricing generally consists of management or advisory fees, custody and transaction charges, and financing margins where applicable; fee schedules and minimum relationship sizes are provided on request and vary by service line and mandate type. Product access, leverage levels, and cross‑border distribution depend on the client’s residency, classification, and legal constraints, and prospective clients should confirm current availability, terms, and regulatory implications directly with the bank before proceeding.