Financial Times’ publications The Banker and Professional Wealth Management have named Boston Private the Best Private Banking Boutique in the U.S. in the annual Global Private Banking Awards for the second year in a row.
Boston Private, an SVB company, was recognized for its commitment to client service and its breadth of solutions that meet the needs of sophisticated investors. The awards recognize winning banks’ ability to reposition for the digital world, while maintaining and growing customer relationships in what continue to be unusual and challenging times.
“Our holistic, empathetic approach to client relationships meant that we knew how to support our clients through the emotional distress of the past 18 months,” said John Longley, Head of Private Bank, Wealth, Trust & Wine. “We know that wealth means so many things to our clients: more time with family, good health, creating a legacy, and more. A good wealth advisor will help clients reach their financial goals, but a great wealth advisor will create solutions that help clients achieve their dreams.”
The Global Private Banking Awards recognizes private banks for excellence based on qualitative and quantitative criteria. To qualify, banks are invited to submit growth and performance data as well as an executive summary of their achievements. The submissions are judged by an expert panel of industry professionals based in North America, Asia, Europe and the Middle East.
Global Private Banking Award winners were recognized in the print and online editions of The Banker and Professional Wealth Management, as well as in an award ceremony held on November 3, 2021.