Overview
WealthBriefingAsia has announced it is increasing its offering for the private client industry, with the launch of the inaugural WealthBriefingAsia Hong Kong Awards.
The awards will be 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 will build on the success of our established worldwide awards programme, our events business and WealthBriefingAsia’s unique position in the global wealth management market, by focusing on the Greater China market.
Independence, integrity and genuine insight will be the watchwords of the judging process. This will involve specially convened expert panels drawn from both private banks and trusted advisors and supported by relevant expert third-party organisations.
Uniquely, partner organisations will be included to express the views of clients so that theWealthBriefingAsia Hong Kong Awards will truly reflect excellence in wealth management from the grass roots up.
Categories
PRIVATE BANK CATEGORIES
Hong Kong banks only
DOMESTIC CLIENTS TEAM
Criteria for entry: Teams whose clients are domiciled in the jurisdiction in which the bank itself operates. Focus can be either HNW or UHNW.
INTERNATIONAL CLIENTS TEAM
Criteria for entry: Teams whose clients are NOT domiciled in the jurisdiction in which the bank itself operates. Focus can be either HNW or UHNW.
HNW TEAM
Criteria for entry: Teams who look after clients with under USD30 million with the bank.
BOUTIQUE PRIVATE BANK
Criteria for entry: A stable and independent pure play private bank providing diverse and innovative wealth management services at the core of its business.
UHNW TEAM
Criteria for entry: Teams who look after clients with over USD30 million with the bank.
WEALTH PLANNING TEAM
Criteria for entry: Teams who are dedicated to clients’ tax, trust and wealth structuring issues.
PRIVATE BANK CATEGORIES
Other Greater China banks
PRIVATE BANK – CHINA
Criteria for entry: Local or international private bank with operations in China.
PRIVATE BANK – TAIWAN
Criteria for entry: Local or international private bank with operations in Taiwan.
INVESTMENT MANAGEMENT CATEGORIES
INDEPENDENT WEALTH MANAGER
Criteria for entry: This award seeks to recognise independent wealth managers operating in the Asia-Pacific region which have a demonstrably client-focused model and which are innovators in the space. Entrants will be assessed on a broad range of criteria, including: how they segment clients to better service them; how they communicate with clients generally and in time of market stress; how they assess clients’ risk-profiles and match them to appropriate investments; how they help with clients’ wider life goals, such as leaving a legacy; and how client dissatisfaction is dealt with.
FUND MANAGER
Criteria for entry: Providers of collective investments for the HNW community.
MARKETING CATEGORIES
TV CAMPAIGN
Criteria for entry: Wealth managers or other private client practitioners who have used TV or video to promote their services to private clients or to raise their profile either within the industry or to clients.
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
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 OR FIDUCIARY COMPANY
Criteria for entry: Entries are only eligible from trust companies independent of larger non-trust businesses.
WEALTH MANAGEMENT TECHNOLOGY CATEGORIES
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.
CHANGE MANAGEMENT PROCESS
Criteria for entry: Banks, wealth managers or system integrators who have successfully implemented multi-functional change programmes to significantly improve client experience and performance.
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.
INNOVATIVE CLIENT SOLUTION
Criteria for entry: This award seeks to recognise institutions which have developed innovative products and services for their clients as part of a solutionsfocused service model. Entries could focus on a new value-added service designed to help clients with their wider lifestyle goals; a product designed to deliver on the financial objectives of a distinct sub-segment of clients; an educational offering aimed at helping clients become more confident investors; or a cross-divisional referral programme to help business owners with their corporate financial or operational needs.
The judges will be looking for a new offering which has been developed to meet a specific client need and which represents a real addition to the institution’s value proposition.
OTHER WEALTH MANAGEMENT CATEGORIES
MULTI-FAMILY OFFICE
Criteria for entry: Multi-Family Office business based in Greater China. Can be an international or local player.
ISLAMIC FINANCE OFFERING
Criteria for entry: Team from within a wealth management or stand-alone business that offers Islamic Finance to clients. Can be a local or international player.
PHILANTHROPY OFFERING
Criteria for entry: Offerings from private banks or wealth managers which promote and encourage philanthropic activity amongst clients.
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: A 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 (INDIVIDUAL CONTRIBUTION)
Criteria for entry: Open to women in private banking or wealth management who are an inspiration both to female clients and colleagues.
WOMEN IN WEALTH MANAGEMENT (COMPANY CONTRIBUTION)
Criteria for entry: For wealth management organisations which demonstrate support for women in their career development.
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 thought leadership in wealth management, as demonstrated by contributions to periodicals and events specialising in wealth management.
Finalists
PRIVATE BANK CATEGORIES
Hong Kong banks only
DOMESTIC CLIENTS TEAM
HSBC Private Bank
ABN Amro Private Banking
INTERNATIONAL CLIENTS TEAM
ABN Amro Private Banking
HSBC Private Bank
Standard Chartered Private Bank
HNW TEAM
ABN Amro Private Banking
Standard Chartered Private Bank
BOUTIQUE PRIVATE BANK
Bank Julius Baer
Coutts
Rothschild Bank
UHNW TEAM
Citi Private Bank
HSBC Private Bank
INVESTMENT MANAGEMENT CATEGORIES
FUND MANAGER
Dragon Capital Group
Milltrust International
PRIVATE CLIENT CATEGORIES
EFFECTIVE LEGAL TEAM
Baker & McKenzie
Herbert Smith Freehills
Withers
EFFECTIVE TAX/ACCOUNTANCY TEAM
Baker & McKenzie
Deloitte
INSTITUTIONAL TRUST OR FIDUCIARY COMPANY
HSBC Private Bank
RBC Wealth Management
WEALTH MANAGEMENT TECHNOLOGY CATEGORIES
FRONT OFFICE SOLUTION
AG Delta
ABN Amro Private Banking
Finantix
RISK PROFILING SOLUTION
FinaMetrica
Milltrust International
ONBOARDING
Appway
Finantix
OTHER WEALTH MANAGEMENT CATEGORIES
PHILANTHROPY OFFERING
Coutts
HSBC Private Bank
Withers
LEADING INDIVIDUAL
Pierre Chan – Baker & McKenzie
Dr Thomas R Meier – Bank Julius Baer
Richard Norridge – Herbert Smith Freehills
Erik Wallace – Withers
Richard Weisman – Baker & McKenzie
RISING STAR
Tim Burns – Withers
Vivian Tung – Standard Chartered Private Bank
WOMEN IN WEALTH MANAGEMENT (INDIVIDUAL CONTRIBUTION)
Katie Graves – Withers
Stella Kong – Standard Chartered Private Bank
Chingyee Yau – HSBC Private Bank
WOMEN IN WEALTH MANAGEMENT (COMPANY CONTRIBUTION)
Barclays, Wealth and Investment Management
Dragon Capital Group
RBC Wealth Management
OUSTANDING CONTRIBUTION TO WEALTH MANAGEMENT THOUGHT LEADERSHIP
Accenture
RBC Wealth Management
Scorpio Partnership
EDITOR’S AWARDS
In addition to the above categories, special Editor’s awards will be announced on the night.
Venue
Four Seasons Hotel, Hong Kong
Address: 8 Finance Street, Hong Kong
Telephone: +852 3196 8888
Winners
PRIVATE BANK CATEGORIES
Hong Kong banks only
DOMESTIC CLIENTS TEAM
WINNER: HSBC Private Bank
INTERNATIONAL CLIENTS TEAM
WINNER: HSBC Private Bank
HNW TEAM
WINNER: Standard Chartered Private Bank
BOUTIQUE PRIVATE BANK
WINNER: Julius Baer
UHNW TEAM
WINNER: Citi Private Bank
INVESTMENT MANAGEMENT CATEGORIES
FUND MANAGER
WINNER: Dragon Capital Group
PRIVATE CLIENT CATEGORIES
EFFECTIVE LEGAL TEAM
WINNER: Withers
EFFECTIVE TAX/ACCOUNTANCY TEAM
WINNER: Deloitte
INSTITUTIONAL TRUST OR FIDUCIARY COMPANY
WINNER: RBC Wealth Management
HIGHLY COMMENDED: HSBC Private Bank
WEALTH MANAGEMENT TECHNOLOGY CATEGORIES
FRONT OFFICE SOLUTION
WINNER: AG Delta
RISK PROFILING SOLUTION
WINNER: FinaMetrica
ONBOARDING
WINNER: Appway
EDITOR’S AWARDS
WEALTH PLANNING TEAM
WINNER: HSBC Private Bank
INDEPENDENT WEALTH MANAGER
WINNER: London & Capital Asia
ONLINE CAMPAIGN
WINNER: ABN AMRO Private Banking
TRANSACTION PROCESSING SOLUTION
WINNER: ERI Bancaire
PORTFOLIO MANAGEMENT
WINNER: ERI Bancaire
INNOVATIVE CLIENT SOLUTION
WINNER: Milltrust International
NEW MARKET ENTRANT
WINNER: MSCI
DATA PROVIDER
WINNER: Thomson Reuters
FX SOLUTION PROVIDER
WINNER: HSBC Private Bank
OTHER WEALTH MANAGEMENT CATEGORIES
PHILANTHROPY OFFERING
WINNER: Coutts
LEADING INDIVIDUAL
WINNER: Dr Thomas R Meier – Bank Julius Baer
RISING STAR
WINNER: Tim Burns – Withers
WOMEN IN WEALTH MANAGEMENT (INDIVIDUAL CONTRIBUTION)
WINNER: Stella Kong – Standard Chartered Private Bank
WOMEN IN WEALTH MANAGEMENT (COMPANY CONTRIBUTION)
JOINT WINNER: Barclays, Wealth and Investment Management
JOINT WINNER: RBC Wealth Management
OUSTANDING CONTRIBUTION TO WEALTH MANAGEMENT THOUGHT LEADERSHIP
WINNER: Scorpio Partnership
LIFETIME ACHIEVEMENT
WINNER: Mimi Hutton – Withers