PALM BEACH GARDENS, Fla., Feb. 26, 2014 /PRNewswire/ -- Banyan Partners, LLC ("Banyan"), a leading national, independent wealth management and investment advisory firm, today announced that Private Asset Management (PAM) Magazine, the industry publication that exclusively covers the wealth management and family office industry, has named Banyan the "Best Multi-Family Office for Client Service under $2.5 billion". This is the first award for Banyan and the fourth consecutive client service win for the former team at Silver Bridge which was acquired by Banyan in August 2013.
Peter J. Raimondi, JD, Founder and CEO of Banyan commented, "Our team is committed to delivering the highest level of client service. It is an honor to be recognized, especially in the family office area, as we believe this differentiates Banyan from other wealth management firms."
Banyan was also short-listed in several additional award categories including 1) Best Private Wealth Manager for Client Service under $5 billion, 2) Best Multi-Family Office Overall under $2.5 billion and 3) Best Multi-Family Office Service Provider.
About Banyan Partners
Banyan Partners, LLC is a leading national, independent wealth management and investment advisory firm headquartered in Palm Beach Gardens, Florida. Banyan has $4.5 billion in assets under management and nine offices located throughout the U.S. The Banyan team offers objective, thoughtful advice, and custom solutions for ultra-high-net worth and high-net-worth individuals, families, family offices, foundations, and institutions. For more information, visit http://www.BanyanPartners.net.
The PAM Awards, organized by PAM Magazine, are designed for investment professionals and wealth advisors, operating within the private asset management industry. The majority of firms apply to be nominated for the PAM Awards. Nominees on the short list are leaders who have demonstrated consistent financial progress, year-over-year growth, excellence in client satisfaction, and innovative new services. The judging process, using a panel made-up of industry experts, is based on a mixture of qualitative and quantitative performance indicators including; financial progress and performance track-record, growth in client numbers, hires and geography, client satisfaction, and product innovation.
SOURCE Banyan Partners