Overview
The awards were focused around three main category groupings: experts (individuals and teams); products and services for wealth managers and clients, and institutions of all sizes and types.
These awards build on the success of our established worldwide awards programme, our events business and WealthBriefing’s unique position in the global wealth management market by focusing on the Swiss & Liechtenstein markets.
Independence, integrity and genuine insight were the watchwords of the judging process. This involved specially convened expert panels drawn from both private banks and trusted advisors and supported by relevant expert third-party organisations.
Uniquely, partner organisations were included to express the views of clients so that the WealthBriefing Switzerland & Liechtenstein Awards truly reflected excellence in wealth management from the grass roots up.
BACKGROUND
The WealthBriefing Switzerland & Liechtenstein Awards was supported primarily by our global network of daily newswires for the wealth and private asset management communities; WealthBriefing andWealthBriefingAsia.
Other supporting publications were Offshore Red, Family Wealth Report,Executive Compensation Briefing and WealthCareers.
TIMING
The selection and judging process for the 2014 awards began in the summer of 2013. Nominations opened on 5th August and closed on 5th December 2013. All firms were notified whether they have made the shortlist on 14th January 2014.
MEDIA EXPOSURE
Entrants who were shortlisted were announced on all WealthBriefingmedia as were the eventual winners.
Additionally, an extensive PR campaign highlighted all the winners and shortlisted entrants to relevant media.
AWARD CEREMONY FORMAT
The culmination of the process was a black tie dinner on 3rd April 2014 at Hotel President Wilson, Geneva during which the winners of the shortlisted entrants were announced.
| 7:00 pm | Champagne Reception |
| 8:00 pm | Dinner |
| 9:30 pm | Awards Presentation |
| 11:30 pm | Carriages |
Self-congratulatory pomposity will be strictly off-limits.
Categories
Nominations are now closed.
PRIVATE BANK CATEGORIES
Swiss based banks only
DOMESTIC PRIVATE BANK Criteria for entry: Swiss-based private bank. Focus can be either HNW or UHNW. FOREIGN PRIVATE BANK Criteria for entry: Private banking operation in Switzerland which is part of a group headquartered outside Switzerland. CANTONAL BANK - WEALTH MANAGEMENT OFFERING Criteria for entry: Wealth management offering made by Swiss Cantonal banks.PRIVATE BANK CATEGORY
Liechtenstein based banks only
LIECHTENSTEIN PRIVATE BANK Criteria for entry: Leichtenstein-based private bank. Focus can be either HNW or UHNW.PRIVATE BANK CATEGORIES
Swiss & Liechtenstein based banks
HNW TEAM Criteria for entry: Teams which look after clients with under CHF30 million with the bank. UHNW TEAM Criteria for entry: Teams which look after clients with over CHF30 million with the bank. WEALTH PLANNING TEAM Criteria for entry: Teams which are dedicated to clients’ tax, trust and wealth structuring issues. FAMILY OFFICE OFFERING Criteria for entry: Teams within private banks and other wealth managers that deliver tailored solutions to family offices. NRI OFFERING Criteria for entry: Teams within private banks and other wealth managers that service the needs of non-resident Indians. MIDDLE EAST OFFERING Criteria for entry: Teams within private banks and other wealth managers that service the needs of clients from the Middle East. CENTRAL AND EASTERN EUROPE OFFERING Criteria for entry: Teams within private banks and other wealth managers that service the needs of clients from Central and Eastern Europe. ISLAMIC FINANCE OFFERING Criteria for entry: Offerings from private banks or wealth managers to facilitate the requirements of clients who wish to follow Islamic principles in their financial dealings. LATIN AMERICA OFFERING Criteria for entry: Teams within private banks and other wealth managers that service the needs of clients from Latin America. PHILANTHROPY OFFERING Criteria for entry: Offerings from private banks or wealth managers which promote and encourage philanthropic activity amongst clients. CLIENT INITIATIVE Criteria for entry: A new product or service from a private bank or wealth management organisation that significantly enhances the client experience. INSURANCE SOLUTION Criteria for entry: Insurance provider or intermediary that provides specialist products and services to the HNW community. COMPLIANCE Criteria for entry: The compliance function of a wealth management or private client operation.INVESTMENT MANAGEMENT CATEGORIES
Swiss & Liechtenstein based
EXTERNAL ASSET MANAGER Criteria for entry: Independent wealth managers that are not owned by a banking group. EXTERNAL ASSET MANAGER PLATFORM Criteria for entry: IT, investment management, risk management, settlement, accounting, compliance or custody services for external asset managers. FUND MANAGER Criteria for entry: Providers of collective investments for the high net worth community. ALTERNATIVE FUND MANAGER Criteria for entry: Providers of alternative investments for the high net worth community.MARKETING CATEGORIES
Swiss & Liechtenstein based
ONLINE CAMPAIGN Criteria for entry: Wealth managers or other private client practitioners who have used online channels to promote their services to private clients or to raise their profile either within the industry or to clients. PRINT CAMPAIGN Criteria for entry: Wealth managers or other private client practitioners who have used print media to promote their services to private clients or to raise their profile either within the industry or to clients. BRAND LAUNCH/RELAUNCH Criteria for entry: Most effective and innovative brand launch or relaunch in the private client world, either a whole business unit or a product/service within an existing businessPRIVATE CLIENT CATEGORIES
Swiss & Liechtenstein based
EFFECTIVE LEGAL TEAM Criteria for entry: Law firm team or barrister dedicated to private client issues. EFFECTIVE TAX/ACCOUNTANCY TEAM Criteria for entry: Team in accountancy firm/consultancy specialising in reporting, transacting or wealth structuring for private clients. INSTITUTIONAL TRUST OR FIDUCIARY COMPANY Criteria for entry: Entries only eligible from trust companies that are part of a non-trust parent. INDEPENDENT TRUST COMPANY Criteria for entry: Entries are only eligible from trust companies independent of larger non-trust businesses.WEALTH MANAGEMENT TECHNOLOGY CATEGORIES
Swiss & Liechtenstein based
FRONT OFFICE SOLUTION Criteria for entry: CRM, client reporting, client risk profiling, portfolio management. TRANSACTION PROCESSING SOLUTION Criteria for entry: Straight through processing, core banking. PORTFOLIO MANAGEMENT Criteria for entry: Technology solution providers specialising in tools for managing clients' investment portfolios. CLIENT COMMUNICATIONS & REPORTING Criteria for entry: Technology solution providers specialising in tools for wealth managers to communicate with clients. RISK PROFILING SOLUTION Criteria for entry: A technology solution to help wealth managers assess and document the risk appetite of clients. RISK MANAGEMENT Criteria for entry: Technology solution providers specialising in tools for wealth managers to manage risk. CRM SYSTEM Criteria for entry: Client relationship management systems for wealth managers. ONBOARDING Criteria for entry: Technology solutions to help wealth managers bring new clients into their organisation. DATA PROVIDER Criteria for entry: Business providing financial data to private banks and other wealth managers. OUTSOURCING SOLUTION Criteria for entry: Third party organisations providing business processes or systems to wealth management businesses. GLOBAL CUSTODIAN Criteria for entry: Custodians offering services to private client business.OTHER WEALTH MANAGEMENT CATEGORIES
Swiss & Liechtenstein based
FX SOLUTION PROVIDER Criteria for entry: Local provider of foreign exchange services to wealth management organisations or clients. ETF PROVIDER Criteria for entry: Fund/asset manager that makes exchange-traded products available for local wealth management clients. LEADING INDIVIDUAL Criteria for entry: Age and experience is no bar but something special should mark out this individual working in the private client world. RISING STAR Criteria for entry: Private banker or wealth manager under the age of 35 who is not yet in a senior management position but shows the potential to be a leading individual. WOMEN IN WEALTH MANAGEMENT Criteria for entry: Open to women in private banking or wealth management who are an inspiration both to female clients and colleagues. Sponsored by:
LIFETIME ACHIEVEMENT
Criteria for entry: For individuals who have enhanced the standing of the local wealth management industry.
OUSTANDING CONTRIBUTION TO WEALTH MANAGEMENT THOUGHT LEADERSHIP
Criteria for entry: Open to individuals or businesses that demonstrate an outstanding contribution to though leadership in wealth management as demonstrated by contributions to periodicals and events specialising in wealth management. Tickets
This event has already taken place.
Finalists
PRIVATE BANKING CATEGORIES – SWISS-BASED BANKS ONLY
DOMESTIC PRIVATE BANK Bank Julius Baer Banque SYZ & CO Credit Suisse Globalance Bank Union Bancaire Privee UBS FOREIGN PRIVATE BANK Barclays BNP Paribas Wealth Management CouttsPRIVATE BANKING CATEGORIES – SWISS & LIECHTENSTEIN-BASED BANKS ONLY
HNW TEAM Barclays Credit Suisse Union Bancaire Privee UBS UHNW TEAM Bank Julius Baer BNP Paribas Wealth Management Credit Suisse Union Bancaire Privee UBS WEALTH PLANNING TEAM Bank Julius Baer BNP Paribas Wealth Management Credit Suisse UBS FAMILY OFFICE OFFERING Bank Julius Baer Kaiser Partner UBS SPECIALIST TEAM OFFERING Bank J. Safra Sarasin (Islamic Finance Offering) Barclays (Middle Eastern Offering) Coutts (Middle Eastern Offering) UBS (Central and Eastern European Offering) UBS (Latin American Offering) PHILANTHROPY OFFERING Bank Julius Baer BNP Paribas Wealth Management Lombard Odier UBS CLIENT INITIATIVE Union Bancaire Privee UBSINVESTMENT MANAGEMENT CATEGORIES
EXTERNAL ASSET MANAGER Bedrock Canaccord Genuity Wealth Management Maseco Private Wealth TCA Asset Management FUND MANAGER Bellevue Asset Manager Union Bancaire Privee MARKETING CATEGORY BNP Paribas Wealth Management Lombard Odier UBSPRIVATE CLIENT CATEGORIES
EFFECTIVE LEGAL TEAM Baker & McKenzie FRORIEP Schellenberg Wittmer Speechly BirchamINDEPENDENT TRUST OR FIDUCIARY COMPANY
Investec Trust Mandaris NWT Management R&H Trustees Summit Trust InternationalWEALTH MANAGEMENT TECHNOLOGY CATEGORIES
FRONT OFFICE SOLUTION Advent Software Finantix TRANSACTION PROCESSING SOLUTION ERI Bancaire Temenos PORTFOLIO MANAGEMENT Advent Software BRT ERI Bancaire TechRules Temenos CLIENT COMMUNICATIONS & REPORTING Advent Software BRT TechRules RISK MANAGEMENT/RISK PROFILING SOLUTION BRT FinaMetrica IPA Independent Portfolio Analytics TechRules ONBOARDING Appway FinantixOTHER WEALTH MANAGEMENT CATEGORIES
LEADING INDIVIDUAL Shortlist announcement – 13 February 2014WOMEN IN WEALTH MANAGEMENT
Corpag Services – Cecile Civiale Vuillier Hinduja Bank (Switzerland) – Archana Raja Government of the Principality of Liechtenstein – Katja GeyOUTSTANDING CONTRIBUTION TO WEALTH MANAGEMENT THOUGHT LEADERSHIP
Deloitte Ernst & Young Government of the Principality of Liechtenstein – Katja Gey Scorpio PartnershipAbout our Sponsors
Sponsors
ProFundCom helps financial institutions raise and preserve AuM using digital marketing analytics. ProFundCom has been built using expertise and best practice from within the financial services industry. Our marketing analytics focus solely on the asset/investment management space and offer an integrated solution across all digital properties. We understand email/web traffic patterns of investment management clients and how you can leverage these behaviours.
smartKYC’s AI software is used by banks to automate customer due diligence whether for remediation, onboarding, refresh or continuous monitoring; our technology drives faster, better, and more cost- effective KYC at every stage of the relationship – liberating human effort to focus on decision-making rather than laborious screening and research. smartKYC integrates all relevant KYC sources - external watchlists, media archives, open web search, private company data, internal blacklists and, like a human, it reads everything and extracts useful intelligence in the form of facts. smartKYC presents facts about risks like adverse media, but also provides insights into information like source of wealth, network risk and even ESG misdemeanours. Sophisticated hit scoring maximises relevance and minimises false positives. All of this is done at speed and at scale and, as such, straight through processing opportunities become obvious. In refresh or continuous monitoring mode, smartKYC watches only for net new risks as they emerge and never repeats what is already known.
Venue
Hotel President Wilson
Address: 47 Quai Wilson, Geneva, 1211, Switzerland
Winners
DOMESTIC PRIVATE BANK – SWISS-BASED
Credit Suisse
FOREIGN PRIVATE BANK – SWISS-BASED
Coutts
SWISS & LIECHTENSTEIN-BASED PRIVATE BANK
HNW TEAM
Credit Suisse
SWISS & LIECHTENSTEIN-BASED PRIVATE BANK
UHNW TEAM
UBS
SWISS & LIECHTENSTEIN-BASED PRIVATE BANK
WEALTH PLANNING TEAM
UBS
SWISS & LIECHTENSTEIN-BASED PRIVATE BANK
FAMILY OFFICE OFFERING
UBS - Winner
Kaiser Partner Private Bank – High Commended
SWISS & LIECHTENSTEIN-BASED PRIVATE BANK
SPECIALIST TEAM OFFERING (MIDDLE EASTERN OFFERING)
Coutts
SWISS & LIECHTENSTEIN-BASED PRIVATE BANK
PHILANTHROPY OFFERING
BNP Paribas Wealth Management - Winner
Lombard Odier – Highly Commended
UBS – Highly Commended
SWISS & LIECHTENSTEIN-BASED PRIVATE BANK
CLIENT INITIATIVE
UBS
EXTERNAL ASSET MANAGER
Bedrock
FUND MANAGER
Union Bancaire Privee
MARKETING CATEGORY
Lombard Odier
EFFECTIVE LEGAL TEAM
Schellenberg Wittmer
TRUST COMPANY
Summit Trust International
FRONT OFFICE SOLUTION
Finantix
TRANSACTION PROCESSING SOLUTION
ERI Bancaire
PORTFOLIO MANAGEMENT
BRT
CLIENT COMMUNICATIONS & REPORTING
Advent Software
RISK MANAGEMENT/RISK PROFILING SOLUTION
BRT
FinaMetrica
IPA Independent Portfolio Analytics
TechRules
ONBOARDING
Appway
LEADING INDIVIDUAL
Decision by end Feb
WOMEN IN WEALTH MANAGEMENT
Katja Gey - Government of the Principality of Liechtenstein
OUTSTANDING CONTRIBUTION TO WEALTH MANAGEMENT THOUGHT LEADERSHIP
Ernst & Young
Sponsors