Family Wealth Report, a trade publication for the asset and wealth management industry, named BNY Mellon Wealth Management the top National Private Asset Manager and for a second year the top Private Bank Offering for Family Offices at an awards dinner in New York recently.
Family Wealth Report and its London-based publisher, ClearView Financial Media of London, founded the awards to honor high quality service and achievement of wealth management firms at both the institutional and individual level in the U.S. and Canada.
"These awards highlight the extraordinary level of service and expertise we offer high net worth clients around the world," BNY Mellon Wealth Management CEO Larry Hughes said. "Our 97% client retention rate also reflects our focus on client service. We pride ourselves on being a different kind of wealth manager with powerful, global multi-boutique investment management capabilities and exceptional private banking offerings."
Nominees and finalists for the 44 award categories comprised a who's who of the wealth management world. Award winners were selected by a panel of judges from across the wealth management and family office space, and, importantly, represented an array of related businesses.