Private Banks in Luxembourg
Compare leading private banks and their services in Luxembourg
Market Overview
Market Size
$500 billion
Total private banking assets under management
Regulatory Body
CSSF (Commission de Surveillance du Secteur Financier)
Primary financial regulator
Average Management Fee
0.3% - 1.2%
Typical fee range for wealth management
Private Banks in Luxembourg
| Bank | Minimum Investment | Management Fee | Key Services | Heritage | |
|---|---|---|---|---|---|
| €500,000 | 0.70% - 1.90% |
| Since 1762 | Get Matched | |
| €750,000 | 0.75% - 2.10% |
| Since 2009 | Get Matched | |
| $1,000,000 | 0.45% - 1.35% |
| Since 1856 | Get Matched | |
| CHF 1,000,000 | 0.65% - 1.75% |
| Since 1890 | Get Matched | |
| €1,500,000 | 0.60% - 1.80% |
| Since 1848 | Get Matched | |
| $2,000,000 | 0.50% - 1.50% |
| Since 1862 | Get Matched | |
| €3,000,000 | 0.55% - 1.65% |
| Since 1870 | Get Matched | |
| $5,000,000 | 0.60% - 1.75% |
| Since 1799 | Get Matched |
Requirements and Documentation
Minimum Investment
€1,000,000
Typical minimum investment requirement
Required Documentation
- ID/Passport
- Proof of residence
- Tax compliance
Key Regulations
Banking Act
Financial Sector Law
AML/CFT Regulations
Frequently Asked Questions
What is the minimum investment for private banking in Luxembourg?
Minimum investments for private banking in Luxembourg typically start from €1,000,000, varying by bank and services required.
How are private banks regulated in Luxembourg?
Private banks in Luxembourg are regulated by CSSF (Commission de Surveillance du Secteur Financier) under strict regulatory frameworks ensuring client protection and financial stability.
What are the typical management fees in Luxembourg?
Management fees for private banking in Luxembourg typically range from 0.3% - 1.2%, depending on the bank and portfolio size.
What services do private banks in Luxembourg offer?
Private banks in Luxembourg offer comprehensive wealth management services including investment advisory, estate planning, tax optimization, and family office services.
How do I open a private bank account in Luxembourg?
Opening a private bank account in Luxembourg requires meeting minimum investment thresholds, providing extensive documentation, and undergoing comprehensive due diligence processes.
What are the tax implications of private banking in Luxembourg?
Private banking in Luxembourg involves complex tax considerations including reporting requirements, tax optimization strategies, and compliance with international regulations like CRS and FATCA.
Ready to Find Your Perfect Private Bank in Luxembourg?
Take our 2-minute quiz to get matched with private banks that meet your specific needs and investment requirements.
Trusted by 10,000+ high-net-worth individuals worldwide