• Abstract and Figures
• Public Full-text

ACRECOGNIZING LEADERS ACCLAIMROSS THE GLOBAL WEALTH MANAGEMENT INDUSTRY THROUGH THE FAMILY WEALTH REPORT AWARDS PROGRAM EXCLUSIVE WINNERS OF THE FAMILY WEALTH REPORT AWARDS 2020 April 2020 Investing the way it should be www.cressetcapital.com ACCLAIM | Family Wealth Report Recognizes Leaders Across the Global Wealth Management Industry 3 CONTENTS FAMILY WEALTH REPORT AWARDS JUDGING PANEL .......................................................... 4 FAMILY WEALTH REPORT AWARDS SHORTLIST ................................................................... 6 INTERVIEWS: Abbot Downing .............................................................. 9 Aspiriant ......................................................................... 11 Asset Vantage Inc. ......................................................... 13 BITA Risk ........................................................................ 15 Black Bag ...................................................................... 17 Black Diamond Wealth Platform .................................... 19 BMO Family Office ........................................................ 21 Bray Executive Search ................................................... 23 Canoe Intelligence ......................................................... 25 Capital Counsel ............................................................. 27 FOREWORD EY Family Office Advisory .............................................. 29 Tom Burroughes, Group Editor, Family Wealth Report Fiduciary Trust International ........................................... 31 The Family Wealth Report awards give a big salute to the individuals and insti- FundCount ..................................................................... 33 tutions making a positive dent in the universe of North American wealth man- Handler Thayer .............................................................. 35 agement. As of the time of writing, advisors and other industry sector figures JDJ Family Office Services ............................................ 37 are working to help clients during exceptionally difficult times, and proving Key Private Bank ............................................................ 39 their real value. These awards are a chance to give this sector its due and rec- Northwood Family Office ............................................... 40 ognize what is done to help wealth creators – so important for creating jobs, PagnatoKarp ................................................................. 43 services and products. They salute people right across the value chain, and Pitcairn .......................................................................... 45 the variety and mix of award categories reflect the complexity and diversity of PKF O’Connor Davies ................................................... 47 this business. PURE Group .................................................................. 49 RBC Wealth Management ............................................. 51 At the core of the awards is the judging process and once again we thank SEI ................................................................................. 53 those senior industry figures for their hard work and diligence in sifting through a raft of entries, drawing up a shortlist, and choosing the winners. The judging Sonen Capital ................................................................ 55 process is rigorous – judges are divided into groups so they don’t get to rule Summitas ...................................................................... 57 on firms/persons in their own areas. This is to prevent disclosure of potentially TAG Bill Pay ................................................................... 59 confidential information and to avoid conflicts of interest. Also, judges regular- Tegra118 ........................................................................ 61 ly update the program organizers about categories, suggesting new ones or Tiedemann Advisors ...................................................... 63 consolidating categories to keep up with industry change. TIGER 21 ....................................................................... 65 Vogel Consulting ........................................................... 67 Winners of these awards know they are useful aids for marketing and brand WE Family Offices ......................................................... 69 awareness. Family Wealth Report has built a track record for editorial excel- Wealth Legacy Advisors ................................................ 71 lence and the awards program that bears its name reflects that. We also know Market Street Company ................................................ 72 that the awards are a good incentive for entrants to chase excellence and raise standards ever further. Strategic Philanthropy ................................................... 73 As editor, I know how useful these awards are in getting a better understanding FAMILY WEALTH REPORT AWARDS of this sector and in understanding its concerns. WINNERS IN FULL ........................................................ 74 OVERVIEW OF THE NORTH AMERICA WEALTH MANAGEMENT SECTOR North America’s wealth sector has been continued move by advisors to build their own offices must watch cybersecurity threats closely. on an upward curve for a large portion of the firms such as Registered Investment Advisors As challenging times show, philanthropy, past 10 years, lifted higher by a rising equi- and new players keep entering the scene. And impact investing and sustainability are big ty market and the prospect of multi-trillion- other organizations are developing to provide themes, and these aren’t fringe or add-on dollar intergenerational wealth transfer. As the much of the support, both technical and finan- offerings any more. Diversity, not just around Baby Boomer generation moves on, wealth cial, around them. At the same time this publica- race and gender, but also around viewpoint, planning and advice has been eagerly sought, tion has aired debate on what defines truly “in- experience and background, is an important although as recruiters note, there remains a dependent”. The sector has had to get to grips area. Encouraging more women to enter what potential talent shortage as average advisor with a new SEC Regulation Best Interest rule. has been a male-dominated industry remains ages rise. As the world’s single-largest econ- Single- and multi-family offices continue to a priority. omy, and with a stock market accounting for develop and are getting more public attention North America’s wealth sector is extreme- about 40 per cent of the world’s market capi- today than they might have had in the past. ly varied: a mosaic of businesses, styles and talization, it’s unsurprising that the US is home They’re important “direct” investors and have revenue models. In some ways that makes it to such a large and varied wealth sector. Big put money to work in areas such as venture hard to benchmark and gather comparable banking and brokerage groups still hold large capital, private equity and credit, infrastructure information, but it also speaks to the extraor- market shares, such as Morgan Stanley, Bank and real estate. Their technology needs are an dinary diversity and creativity of this market. of America and Wells Fargo, to give just three. important focus – Family Wealth Report covers Keeping abreast of this sector is challenging, On the other side, however, there has been a these issues closely. One example is how family but remains exciting too. 4 ACCLAIM | APRIL 2020 JUDGING PANEL The 2020 Family Wealth Report Awards program was 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 in the North American market. Independence, integrity and genuine insight are the watchwords of the judging process with the judging panels made up of some of the industry’s top trusted advisors and bankers. AMANDA ANDERSON LISA FEATHERNGILL IDA LIU Chief Administrative Managing Director, Head of Citi Private Officer Legacy and Wealth Bank, North America Ascent Private Capital Planning Citi Private Bank Management of Abbot Downing US Bank TOM BURROUGHES DOUGLAS FRITZ CHARLES A Group Editor Founder and President LOWENHAUPT ClearView Financial F2 Strategy Chairman & Partner Media, publisher of Lowenhaupt & Family Wealth Report Chasnoff JOE CALABRESE WALLY HEAD CHRIS MARTINEZ National Head of Principal, Vice Chairman Managing Director Investment, Fiduciary Gresham Partners Oakbrook Solutions and Banking Services Key Private Bank JON CARROLL JEFF LADOUCEUR TODD D MAYO Managing Director, Director Executive Director Family Office Advisory SEI Private Wealth UBS Wealth Services Management Management EY MICHAEL COLE GEMMA LEDDY JAMES H MCLAUGHLIN Chief Executive Officer Partner-in-Charge Founder and CEO Cresset Asset PKF O’Connor Davies J H McLaughlin & Co Management Family Office JOHN M DOWD TRICIA LEVIN DAISY MEDICI Chief Executive Officer Managing Director Managing Director Fiduciary Trust Geller Advisors GenSpring Family International Offices ACCLAIM | Family Wealth Report Recognizes Leaders Across the Global Wealth Management Industry 5 A shortlist was identified from the hundreds of entries received for these awards and a discussion took place with the judges to agree the winner of each category. The judging took place in two parts: the first identified a shortlist from the hundreds of

Load more

  80

Copy Link