CMB Monaco

Name

CMB Monaco

Legal name

CMB MONACO Société Anonyme de droit Monégasque

Website

https://cmb.mc

Company type

Private

Founded year

1976

Operating status

Operating

Headcount range

101–250 employees

Short description

CMB Monaco is a Monaco-based international private bank, founded in 1976 and owned by Mediobanca Group, serving high-net-worth and ultra-high-net-worth individuals, families, corporates, institutions, and external asset managers with discretionary management, advisory, execution, financing, and wealth structuring services built on an integrated Avaloq and BlackRock Aladdin Wealth platform.

Ownership category

akta.pro rank

Product category

Private Banking

NAICS

Commercial Banking (522110), Portfolio Management and Investment Advice (523940)

SIC

National Commercial Banks (6021), Asset-Backed Securities (6189)

akta.pro primary industry

Mortgage-Backed Securities (RMBS/CMBS) (FSACACAB)

akta.pro secondary industry

Non-Agency/Private-Label RMBS Securitization & Issuance (FSALAFAB)

Keywords

• Private banking services
• Wealth management
• Discretionary portfolio management
• Investment advisory
• Financing solutions

Headquarters

HQ city

Monaco

HQ country

Germany

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Private Banking and Wealth Management Fees: CMB Monaco generates revenue through private banking and wealth management services, including discretionary management mandates, advisory services, and execution services. Fees are typically charged as a percentage of assets under management.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

CMB Monaco is an international private bank based in Monaco offering private banking, wealth management, investment management, and financing solutions. It serves high-net-worth individuals and families through dedicated private bankers, and provides corporate banking, asset management, and dedicated services to external asset managers. Its product portfolio spans discretionary management, advisory, execution, lending, and wealth structuring, delivered through dedicated relationship managers and digital channels (CMB Mobile and CMB Online).

Product overview

CMB Monaco operates as a private bank offering an integrated product portfolio centered on its core banking platform co-developed with Avaloq and BlackRock's Aladdin Wealth. The platform integrates front-to-back office operations across digital banking (CMB online and CMB Mobile), client management, and investment portfolio oversight. Key product modules include Discretionary Management, CMG Monaco Funds (over €4 billion AUM), Advisory and Execution services, Financing Solutions (mortgages, Lombard credit, bespoke lending), and Wealth Structuring. Digital banking is delivered through CMB Mobile (with CMB Connect secure messaging) and CMB online e-banking platform. The 2026 platform launch introduced AI-driven analytics and Gen AI-powered 'Auto Commentary' capabilities.

Differentiator

Problem solved

Functional benefit

Products and services

• Discretionary Management

Quantifiable outcome

• First European institution to deploy Gen AI-powered Auto Commentary on Aladdin Wealth platform
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability4 records

Feature4 records

Partnerships

Three partnerships are on record, tiered core.

• AvaloqcoreTechnology or Integration · 31 March 2026Avaloq provides the core banking platform for CMB Monaco's digital transformation. The integrated Avaloq and BlackRock Aladdin Wealth platform streamlines front-to-back office operations across digital banking, client management, and investment portfolio oversight.
• BlackRock Aladdin WealthcoreTechnology or Integration · 31 March 2026BlackRock's Aladdin Wealth platform is co-developed with Avaloq for CMB Monaco, providing advanced portfolio management, risk analytics, and AI-powered tools. CMB Monaco became the first European institution to introduce the Gen AI-powered Auto Commentary tool on this platform.
• MediobancacoreOthersMediobanca is the Milan-headquartered parent company of CMB Monaco Group. CMB Monaco operates as part of the Mediobanca group, providing institutional backing and strategic direction.

Scale indicators3 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Indosuez Wealth Management: Crédit Agricole group's wealth management arm serving HNW clients globally with significant European and Monaco exposure. Comparable in target client segment, advisory-led service model, and integrated financing solutions.
• BNP Paribas Wealth Management Monaco: European wealth management franchise with significant Monaco presence serving HNW clients across advisory, discretionary, and financing mandates. Comparable client segments, product mix, and Mediterranean footprint.
• Julius Baer: Swiss-headquartered pure-play wealth manager serving HNW and UHNW clients globally with a Monaco presence. Comparable in core client segment, advisory-led model, and Mediterranean exposure.
• UBS Wealth Management Monaco: One of the world's largest wealth managers with a meaningful Monaco presence serving UHNW families with global asset management and advisory. Comparable in targeting Monaco-resident HNW clients but with vastly larger scale.
• CFM Monaco (Compagnie Financière de Monaco): Monaco-based private bank offering wealth management, asset management, and corporate banking services to HNW clients in the Principality. Directly comparable as a fellow Monegasque private bank competing for the same local HNW segment.
• Barclays Private Bank: Global private bank serving HNW and UHNW clients with EMEA-wide presence; CMB Monaco's CEO previously led Barclays Private Bank EMEA. Comparable in client profile, product mix, and European wealth management orientation.
• Société Générale Private Banking Monaco: Global private banking franchise with a dedicated Monaco branch serving HNW and UHNW clients with wealth management, advisory, and financing solutions. Directly comparable as a Monaco-headquartered private banking competitor.
• Edmond de Rothschild: European private banking group with strong Swiss and French footprint serving HNW clients with wealth management, advisory, and asset management. Comparable in client profile, product breadth, and European wealth management positioning.
• HSBC Private Bank Monaco: Global private bank with a long-established Monaco branch serving HNW and UHNW clients, where CMB Monaco's CEO previously served as Head of Private Banking. Directly comparable in target market and product offering.
• Pictet Group: Swiss private bank and asset manager with strong HNW/UHNW franchise and European wealth management presence including Monaco. Comparable in discretionary management focus, fund capabilities, and family-office orientation.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/CMB_Monaco
• LinkedInlinkedin.com/company/cmb-monaco

Revenue estimate

Valuation estimate

Number of profiles

Profiles20 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CMB Monaco