JP Morgan's private bank took top prize in an Asian wealth management awards event organized by the publisher of this website.

Outstanding wealth management firms and individuals were honored at the inaugural WealthBriefingAsia 2013 Awards in the sumptuous setting of Singapore’s renowned Raffles Hotel last night. (WBA is the sister publication of this website.)

At a time when the Asian wealth management industry, along with those in other regions, has had to face the challenges of mounting regulation and more demanding client requirements, the judges picked winners who it was felt had a particular edge in their respective fields.

Accenture was the headline sponsor and category sponsors were the Association of International Wealth Management of India, ANZ Private Bank and Scorpio Partnership.

A participating organization at the event was the Association of Independent Asset Managers, Singapore. Entertainment was provided by Jeff Zhai Jian, a musician and saxophonist whom has been dubbed “Singapore’s Kenny G” due to his mastery of soprano sax and smooth jazz music. Also performing were Accoustic Saturday, a multi-talented group of musicians.

The audience was welcomed by Bruce Weatherill, chairman of ClearView Financial Media; Stephen Harris, managing director of ClearView Financial Media, and Grant Powell, managing director at Accenture.

The publisher of this website is delighted at the level of interest and support shown for these awards, which follow from the highly successful WealthBriefing Europe 2013 Awards event held in London on May 2 this year. This website greatly values any comments and feedback about the awards process, and invites readers to get in touch ahead of next year’s events, on which details will be revealed in due course.

The winners:

Private Bank Asia:

JP Morgan Private Bank 

Independent Wealth Manager Asia:

AL Wealth Partners Pte

Fund Manager Asia:

BNP Paribas Investment Partners

Alternative Asset Manager Asia:

Citi Private Bank

Legal Team Asia:

Baker & McKenzie

Tax Team Asia:

Deloitte

Trust Company Asia:

Portcullis Trust (Singapore)

Wealth Management Technology Offering award:

AG Delta

Boutique Wealth Management Company India (fewer than 50 employees):

Alchemy Capital Management Private

Wealth Management Company in India (more than 50 employees):

IIFL Wealth Management

Law Firm India:

Wadia Ghandy & Co

Private Bank India:

Highly commended

IIFL Wealth Management

Winner

Standard Chartered Private Bank.

Outstanding individual contribution to Asian Wealth Management:

Highly commended

Peter Flavel, JP Morgan Private Bank

Outstanding individual contribution to Asian Wealth Management:

Tan Su Shan, DBS Bank

Brand launch:  

Coutts

Outstanding Contribution to Wealth Management Thought Leadership – highly commended:

Accenture

Outstanding Contribution to Wealth Management Thought-Leadership:  

Scorpio Partnership