Profile and Philosophy
Bank ten Cate & Cie N.V. is an independent private bank, the roots of which date back to 1881. Since then we have been able to establish a fine financial tradition and to build up invaluable expertise. The bank has withstood the ups and downs of the financial markets by adhering to a philosophy that still holds true today: all our activities are based on a relationship of mutual trust. While many financial service providers pay lip service to the importance of the relationship with the client, Bank ten Cate & Cie truly puts its clients first.
Specialist Services
The securities business has traditionally been of great importance to Bank ten Cate & Cie. In the course of the years we have developed specialist services such as private banking, asset management and investment advice for private individuals, majority-shareholding directors, foundations, associations and institutional investors. Of course, banking with Bank ten Cate & Cie is ultimately all about the financial results. We believe that the best way to achieve results is to optimise our business assets – and at Bank ten Cate & Cie, our most important business assets are our staff. All of our employees have extensive experience, respond rapidly to developments, and support the bank's vision and philosophy.
Mission Statement
The duty of a banker is to safeguard what customers have entrusted to him. He is a confidant, sometimes a friend. He is the custodian of people's secrets. Our clients show their trust by confiding money to us. We invest it prudently, because it is not our money (Edmond Safra).
Individual Investment Profile
The financial markets are interrelated in complex ways. The number of investment instruments is continually on the rise. More and more people have faster access to information and the markets are responding to developments more quickly than ever before. As a result, managing capital effectively has become a specialised and time-consuming affair, and strategies sometimes need to be rewritten at a moment's notice. Bank ten Cate & Cie has the knowledge and experience to guide you through these challenges. Our Private Bankers work closely with the client to draw up an individual investment profile, taking into account the risk spread, tax regime and the allocation of the capital.
Straightforward Statements
At the end of each quarter the client receives a straightforward statement, containing clear details of the portfolio and asset mix, itemised by currency and category. The annual statement also contains all the information necessary for your income and wealth tax return.
The Optimum Return
Bank ten Cate & Cie does not have any in-house funds. All our services, including asset management, are tailored to the requirements of the individual client. The key concepts in this respect are flexibility, inventiveness and a strong sense of responsibility towards the client. Where necessary we co-operate with specialists in capital structuring, inheritance law and tax matters. In all our endeavours our goal is the same as the client's: to achieve the optimum return.
Bank ten Cate & Cie pursues a cautious policy. Securities, derivatives and other investment products are not traded for our own account and we do not provide any commercial or mortgage loans.
Bank ten Cate & Cie is supervised by De Nederlandsche Bank and the Netherlands Authority for the Financial Markets. The bank is also registered with the Dutch Securities Institute or DSI.