As part of the 2019 Euromoney Private Banking Awards, UBS was recently named the "Best Private Banking Services Overall" for the fourth year in a row.
UBS has also been ranked first in eight other global categories on Euromoney's Private Banking and Wealth Management Survey 2019, which are:
- Net-worth-specific services for Ultra High Net Worth clients greater than USD 30 million
- Net-worth-specific services for High Net Worth clients (USD 5 million to USD 30 million)
- Net-worth-specific services for Super affluent clients (USD 1 million to USD 5 million)
- Philanthropic Advice
- ESG/Social Impact Investing
- International Clients Succession Planning Advice
- Trusts; and
"At the UBS Investor Update in October, Tom and I shared our belief that GWM is uniquely positioned and poised to further differentiate UBS from our peers in the years to come," said Martin Blessing, Co-President GWM. "Recognition like this affirms our momentum and is a testament to the dedication of our team's unwavering focus on helping our clients achieve their goals."
"In almost every area of strategic focus for GWM, our peers have voted UBS the best wealth manager in the world," said Tom Naratil, Co-President GWM and President Americas. "When you consider the challenging environment our clients face today, we're particularly honored to once again be recognized for the quality of our insights, expertise, thought leadership and – most importantly – our people."
UBS has also won 15 regional awards in many of the above categories across Europe, North America and Asia – along with Best Private Banking Services Overall in Austria, Germany, Hong Kong, Italy, Singapore, Switzerland and UAE. We'll be recognized for our wins at the Euromoney Awards dinner at the Landmark Hotel in London on February 21.
Notes to Editors:
About Global Wealth Management
As the world's largest wealth manager, UBS Global Wealth Management provides comprehensive advice, solutions and services to wealthy families and individuals around the world. Clients who work with UBS benefit from a fully integrated set of wealth management capabilities and expertise, including wealth planning, investment management, capital markets, banking, lending and institutional and corporate financial advice.
UBS provides financial advice and solutions to wealthy, institutional and corporate clients worldwide, as well as private clients in Switzerland. UBS' strategy is centered on our leading global wealth management business and our premier universal bank in Switzerland, enhanced by Asset Management and the Investment Bank. The bank focuses on businesses that have a strong competitive position in their targeted markets, are capital efficient, and have an attractive long-term structural growth or profitability outlook.
Headquartered in Zurich, Switzerland, UBS has offices in 52 countries, including all major financial centers, and employs approximately 60,000 people. UBS Group AG is the holding company of the UBS Group. Under Swiss company law, UBS Group AG is organized as an Aktiengesellschaft, a corporation that has issued shares of common stock to investors.
The annual Private Banking and Wealth Management Survey provides a qualitative review of the best services in private banking, by region and by areas of service. The survey is completed by private banks and wealth managers to identify the firms that they consider to be their top competitors. Participating private banks and wealth managers are able to access the questionnaire directly from www.euromoney.com.
Euromoney is interested in the views of senior private banking/wealth management staff with a perspective on the relative merits and demerits of their bank and its competitors. Voters identify the country about which they have the most knowledge then nominate their top three peers in that country in each category. Euromoney then awards four, three and two points, respectively to each of those nominations in that category and country. No self-nominations or parent/subsidiary company nominations are allowed.
Accolades are independently determined and awarded by their respective publications. Accolades can be based on a variety of criteria including assets under management, revenue, compliance record, length of service, client satisfaction, type of clientele and more.
Neither UBS Financial Services Inc. nor its employees pay a fee in exchange for these ratings. Past performance is no guarantee of future results. For more information on a particular rating, please visit www.ubs.com/us/en/designation-disclosures.
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