Read our Annual Report in Japanese


2018 was our bicentennial year, and it was special in many ways. We took the opportunity to reflect on what 200 years of partnership really means; 200 years of listening to our clients, 200 years of innovation and reinvention, and 200 years of service to our communities. Most of all, our bicentennial represents the collective contributions of thousands of exceptional BBHers over two centuries—the ideas, the execution, the above-and-beyond acts that make the achievements in this annual report—and every one before it—possible. This report is dedicated to them, with gratitude and admiration, and to the next 200 years, and what we will achieve together.

Contents

2 Letter from the Managing Partner
6 Investor Services
14 Private Banking
22 Investment Management
28 Our Culture
36 Partners and Managing Directors