Forty years after opening its first office in the Principality, Edmond de Rothschild is moving to La Condamine, where it will build a new facility to consolidate the group's various activities. The move, announced on September 7, 2026, in Geneva and Monaco, marks a significant step forward in the bank's presence in the Monegasque market and introduces an organizational model based on the concentration of expertise in a single building.
The new headquarters encompasses 5.300 square meters spread across eleven levels, seven of which are above ground, and will house all 270 employees of the Monegasque private bank. Its location, overlooking the Place d'Armes and the Condamine market, places the project in one of the Principality's areas undergoing urban transformation.
The building was constructed by SCI Esperanza, while the interiors were designed by JB Pastor & Fils. The architectural design emphasizes bright, open spaces, with an organization designed to foster both collaboration between the different teams and greater continuity in customer relations.
A headquarters designed around private banking
The building's primary function remains financial. Staff spaces are distributed from the first to the fifth floors, designed with open areas, meeting rooms, and common areas located on different levels.
The organization of the offices reflects a specific operational approach: to reduce the separation between different professional areas and facilitate daily communication between teams. Client relationship management, discretionary management, consulting, real estate financing, estate planning, and life insurance brokerage are thus brought together under a single structure.
For the bank, the goal is to strengthen collaboration between specialists who typically work in different fields, while maintaining a high level of confidentiality in their dealings with clients.
Spaces dedicated to hospitality
The ground floor, along with the sixth and seventh floors, is primarily reserved for client meetings. The facility has a total of eighteen meeting rooms, some of which can be configured in a modular manner.
Completing the guest spaces are two large, tree-lined terraces, from which you can enjoy a 360-degree view of the Principality.
Even seemingly secondary elements were considered in the design. Selected materials, particular attention to acoustics and lighting, and a carefully considered layout for ease of movement contribute to a discreet experience.
The bank has also provided a valet parking service and a taxi decorated in the Maison's colors for clients. These details are part of Edmond de Rothschild's strategy to combine financial services with a hospitality model typical of luxury brands.
Sustainability and Mediterranean architecture
The new headquarters also incorporates environmental efficiency criteria. The building has obtained BD2M Bronze certification, the Monegasque system dedicated to evaluating sustainable buildings, which takes into account aspects such as insulation, materials used, and occupant well-being.
Added to this is the use of a thalassothermal circuit installed by the Principality, designed to contribute to the management of the building's energy consumption.
The design also draws on the building tradition of La Condamine. Bricks, glazed tiles, cabochons on the façade, and wrought-iron balconies recall features of Mediterranean architecture and establish a direct connection with the neighborhood in which the new headquarters is located.
The result is a contemporary building that retains recognizable elements of local tradition.
A single building for a larger ecosystem
The new headquarters' uniqueness extends beyond private banking. Edmond de Rothschild has also chosen to bring other members of the family ecosystem together.
On the sixth floor is the Wine Club, a 25-square-meter room dedicated to Edmond de Rothschild wines. The selection includes wines from France, Spain, New Zealand, Argentina, and South Africa.
The space was designed to host tastings and in-depth discussions, connecting the customer relationship with the winemaking culture developed by the group in different geographical areas. Wine thus becomes another element through which to tell the Maison's story and activities beyond asset management.
Caron opens the first boutique in Monaco
On the ground floor, there is the first Monegasque boutique of Caron, a perfume house belonging to the Edmond de Rothschild ecosystem.
The 83-square-meter store was designed by Casper Mueller Kneer Architects under the artistic direction of Olivia de Rothschild. The interior features exposed concrete, brushed metal, and understated tones.
At the center of the space is a large-scale reinterpretation of Caron's scented fountains, an element that recalls the history of the French fashion house.
The presence of the boutique further expands the building's function, which is no longer limited to being the bank's new operational headquarters, but becomes a hub where financial, food and wine, and perfume-related activities coexist.
References to family history
The interior design incorporates numerous references to the Edmond de Rothschild tradition. The red, blue, and yellow colors of the family crest, along with the compass and five arrows, appear in several details.
Other references concern places and activities linked to the family, from Château Clarke to Gitana, from the Ferme des 30 Arpents to Megève, up to the various wine productions.
The stated aim is to create an environment in which the history of the House is not entrusted solely to celebratory elements, but is integrated into the everyday life of the spaces.
Independence and family dimension
Ariane de Rothschild, CEO of the Edmond de Rothschild Group, linked the opening of the new headquarters to the company's ability to maintain its principles while adapting to change.
“This new location expresses who we are at our core: an independent, family-run company, attentive to place, tradition, and human relationships,” he said.
This perspective is also reflected in the decision to consolidate the Monaco-based team and various operations in a single building. For Gérard Ohresser, CEO of Edmond de Rothschild Monaco, the new headquarters should foster greater integration between business lines and strengthen client relationships.
The concentration of 270 employees therefore represents not only a logistical transfer, but also a change in the way work is organized and the way different professional skills are brought together.
Edmond de Rothschild, numbers and activities
The Edmond de Rothschild Group presents itself as an investment bank specializing in private banking and wealth management. Its activities include, among other areas, wealth management, asset engineering, life insurance, services for independent asset managers, corporate finance, private equity, real estate, infrastructure, liquidity strategies, and fund administration.
100% family ownership is one of the elements through which the group asserts its independence. As of December 31, 2025, Edmond de Rothschild reported over 198 billion Swiss francs in assets under management and a solvency ratio of 19,1%.
The group has over 2.800 employees and 35 international offices, with a concentrated presence in major financial centers including Geneva, Luxembourg, Paris and Monaco.
An ecosystem beyond finance
Alongside his financial activities, Edmond de Rothschild controls a range of businesses including agricultural, winemaking and hotel ventures, family-run philanthropic activities, the Gitana offshore racing team and the Caron perfume house.
It is precisely this diversity that finds concrete expression in the new headquarters in La Condamine. Private banking, wines, and perfumery are brought together under one roof, with the aim of highlighting the broader nature of the group.
The move comes at a time when Edmond de Rothschild is consolidating its presence in the Principality after four decades. The new facility will serve as a hub for daily financial operations and other components of the family ecosystem, with an architectural design that simultaneously seeks operational efficiency, environmental awareness, and continuity with the neighborhood.
