NEW YORK--(BUSINESS WIRE)--Citi Private Bank was recently awarded “Best Private Bank Offering for Family Offices” and “Best Private Client Investment Platform” at the annual Family Wealth Report (FWR) Awards in New York. The FWR Awards showcase best of breed providers in the global private banking, wealth management and trusted advisor communities and recognize companies, teams and individuals which demonstrated innovation and excellence during 2015.
“We are so thrilled for this recognition. Family offices are as unique as the families they serve and our mission is to help ensure the success of each and every one of the over 900 family offices we serve through a wide-range of tailored investment, lending, banking and advisory services,” said Bill Woodson, Head of North America Family Office Group, Citi Private Bank. “Winning both these awards sets our firm apart from our peers, is a tangible demonstration that we have something special to offer, and showcases our top class performance and innovation,” he continued.
ClearView Financial Media’s CEO, and Publisher of Family Wealth Report, Stephen Harris, remarked: “The firms who triumphed in these awards are all worthy winners, and I would like to extend my heartiest congratulations. The awards recognize the very best operators in the private client industry, with independence, integrity and genuine insight the watchwords of the judging process.”
Citi Private Bank advises many of the world's wealthiest, most influential individuals and families. With $374 billion in global assets under management, the franchise includes 48 offices in 16 countries, including 25 offices across North America. The firm’s comprehensive services are tailored to individuals and families, including entrepreneurs and business owners, single- and multi-family offices, senior corporate executives, next-generation/inherited wealth, law firms and attorneys. With investment advice offered through an open architecture investment platform, access to capital markets strategies, banking and cash management, to lending solutions, wealth and advisory and trust services, Citi Private Bank delivers expertise and a premier level of service while helping grow, manage and preserve wealth.
Now in its third year, the Family Wealth Report Awards focus on three categories: experts (individuals and teams); products and services for wealth managers and clients; and institutions of all sizes and types. Firms submitted nominations in November 2015 which were reviewed by an expert panel in December. Separate judging panels considered the private banking categories and trusted advisor categories. Winners were announced on March 10, 2016 at an awards gala held at the Mandarin Oriental in New York. Click here for additional information.
Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Additional information may be found at http://www.citigroup.com | Twitter: @Citi | YouTube: http://www.youtube.com/citi | Blog: http://blog.citigroup.com/| Facebook: http://www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi.
About ClearView Financial Media
ClearView Financial Media was founded by Chief Executive, Stephen Harris in 2004, to provide high quality ‘need to know’ information for the discerning private client community. London-based, but with a truly global focus, ClearView publishes the Family Wealth Report group of newswires, along with research reports and newsletters, while also running a pan-global thought-leadership events programme. With teams based in London, Singapore, Switzerland, South Africa and the Philippines, the company is one of the fastest-growing media groups serving the financial services sector.