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 business
PRIVATE 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.
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
Coutts
PRIVATE 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
UBS
INVESTMENT 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
UBS
PRIVATE CLIENT CATEGORIES
EFFECTIVE LEGAL TEAM
Baker & McKenzie
FRORIEP
Schellenberg Wittmer
Speechly Bircham
INDEPENDENT TRUST OR FIDUCIARY COMPANY
Investec Trust
Mandaris
NWT Management
R&H Trustees
Summit Trust International
WEALTH 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
Finantix
OTHER WEALTH MANAGEMENT CATEGORIES
LEADING INDIVIDUAL
Shortlist announcement – 13 February 2014
WOMEN IN WEALTH MANAGEMENT
Corpag Services – Cecile Civiale Vuillier
Hinduja Bank (Switzerland) – Archana Raja
Government of the Principality of Liechtenstein – Katja Gey
OUTSTANDING CONTRIBUTION TO WEALTH MANAGEMENT THOUGHT LEADERSHIP
Deloitte
Ernst & Young
Government of the Principality of Liechtenstein – Katja Gey
Scorpio Partnership
Sponsors
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Venue
Hotel President Wilson
Address: 47 Quai Wilson, Geneva, 1211, Switzerland
Tickets
This event has already taken place.
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