On behalf of everyone at LGT, I would like to wish you and your family a happy and fulfilling 2026. I hope you enjoyed a relaxing holiday season and were able to start the new year with renewed energy. As always at this time of year, I would like to take the opportunity to share a few reflections with you – and provide an outlook on the topics that will be important for LGT in 2026.
Looking back on the past year, it is clear just how profound the changes around us have become. The major drivers of transformation – developments in technology, the environment, the economy, society and politics – are deeply interconnected and highly relevant to LGT’s future success. We therefore follow them closely and integrate them carefully into our strategic planning.
While the drivers of change are becoming increasingly global, political responsibility for steering and developing policy frameworks is spread across almost two hundred countries. After the two world wars, whose origins and trajectories were heavily influenced by misguided nationalist ambitions, new multilateral organisations emerged that helped shape global politics and the global economy. They brought about a substantial improvement in global coordination and cooperation across many key areas, creating enormous shared value. This progress is increasingly at risk. In many countries, growing political polarisation and the rise of populist and nationalist movements are weakening international cooperation. Against this backdrop, LGT is committed to supporting constructive economic and political collaboration with a long-term, holistic view.
For centuries, new technologies and business models have been among the strongest drivers of change. Technological progress is rarely linear; it advances in bursts and waves that build on one another. The rise of artificial intelligence marks a new phase in global technological development, bringing with it a host of changes that offer tremendous opportunities – and certain risks. For several years now, LGT has been working across all of its business areas to identify and harness the potential of AI. We are confident that these efforts will further strengthen our investment management and advisory capabilities, while enhancing the quality and efficiency of our internal processes.
Environmental challenges are another major global catalyst for change – challenges we must address if we want to preserve the ecosystems on which the global economy depends. The transition towards renewable energy, more resource-efficient and sustain-able processes and increased electrification has now reached the entire global economy. Most of these transformation processes are still in their early stages. However, it is already evident that countries and companies with foresight and a strong capacity for innovation are gaining a clear competitive advantage by actively driving the necessary change. At LGT, we have been investing in this broad-based transition with the ambition to capture attractive investment opportunities while also accelerating the much-needed transformation to a more sustainable economy.
Our claim, “Forward-looking for generations”, reflects both our strategic approach and the mindset that defines us as a family-owned business. We believe that success across generations requires both stability and openness – and a balance of tradition and progress. Supporting clients through generational transitions is an important part of that philosophy. This involves not only structuring wealth across generations, but also guiding families through what can be challenging and emotional changes. We support and advise them throughout these phases – both professionally and on a human level. Because every transfer of wealth is also a transfer of values. It is an opportunity to redefine wealth as a basis for creating value, taking responsibility and helping shape a better tomorrow. We are therefore delighted that our expertise and advice in this area are being recognised: in 2025, we received WealthBriefing’s NextGen Support award and were designated Best Private Bank for the Next Generation by PWM & The Banker.
LGT’s corporate culture also lives within the dynamic between tradition and progress. Like a person’s character, it evolves slowly – not least because many of our values and established behaviours are proven strengths that we wish to preserve. Without this loyalty to our culture, and the knowledge and strong commitment of our more than 6000 employees worldwide, our growth would not have been possible. Our strength lies in relationships built on trust, mutual respect, a strong sense of responsibility and entrepreneurial thinking.
Last year, I celebrated my twentieth anniversary at LGT. Over these two decades, the company has grown approximately fivefold in size. Today, we are far more diversified, with a significantly stronger market position and broader expertise. Such growth naturally brings greater complexity – success does not eliminate challenges; it simply changes them. But we are confident that we will remain on the right course in the coming years – even in a demanding environment – together with you.
On behalf of everyone at LGT, I would like to express my heartfelt thanks for your trust and loyalty. It is a great privilege to continue to support you in the year ahead.
I wish you and your loved ones good health, happiness and every success in the new year.
Sincerely,
H.S.H. Prince Max von und zu Liechtenstein
Chairman LGT
Receive ongoing access to LGT Wealth Management’s insights and observations - a curated stream of thought leadership, market perspectives, and strategic updates designed to inform sophisticated investors.
