Bank of the West Wealth Management Group Recognized by Private Asset Management Magazine
- Wealth Management Group Wins Private Asset Management Magazine's Best Private Bank for Innovation Award for Second Year in a Row
- Family Wealth Advisors Wins Best Consulting Firm for Family Offices
SAN FRANCISCO, Feb. 28, 2018 /PRNewswire/ -- Bank of the West today announced its Wealth Management Group and Family Wealth Advisors have been recognized by Private Asset Management (PAM) Magazine at the publication's annual awards gala. The Wealth Management Group was named Best Private Bank for Innovation and Family Wealth Advisors was named Best Consulting Firm for Family Offices.
"Our single goal at Bank of the West is to help ensure our clients are successful in meeting their financial objectives," said Pierre Ramadier, senior executive vice president and head of the Wealth Management Group at Bank of the West. "I am thrilled the team is being recognized for the innovative work they do every day as they serve our clients."
Now in its eighth year, the PAM Awards recognize individuals and companies that have successfully served high-net-worth individuals in an increasingly complex wealth management environment. This is the third consecutive year that Bank of the West's Wealth Management Group has been honored by PAM. In 2017, Bank of the West Wealth Management also received PAM's Innovation Award, and was also highly commended for client service. In 2016, Family Wealth Advisors (FWA) - the practice within the Wealth Management Group that focuses on ultra-high-net-worth (UHNW) clients - was recognized as the Best Newcomer, and the head of FWA, Steve Prostano, was given the "Outstanding Contribution" Award. In addition to winning the Innovation category this year, Bank of the West Wealth Management also received high commendations in the Best Private Wealth Manager (AUM over $5 billion) for Client Service category.
"Our Family Wealth Advisors team takes pride in our professional perspectives and dedication to providing our clients with the guidance they demand," said Steve Prostano, head of Family Wealth Advisors. "I couldn't be happier about this recognition of the work our team does as true consultants for our clients."
Bank of the West Wealth Management Group provides the Bank's clients with strategies for wealth planning, global investment management and consulting services, opportunities for strategic philanthropy and purpose investing, family enterprise solutions and other specialized services.
About Bank of the West Wealth Management
Bank of the West Wealth Management provides wealth planning, investment management*, personal banking, philanthropy, and trust and fiduciary services. The group is part of BNP Paribas' global wealth management business of more than 6,600 professionals present in three hubs in Europe, Asia and the U.S. with more than $13.08 billion** in assets under management in the United States and €358 billion ($414.7 billion) in assets under management globally as of December 31, 2017.
About Bank of the West
Bank of the West is a regional financial services company headquartered in San Francisco. Founded in 1874, Bank of the West provides a wide range of personal, commercial, wealth management and international banking services through more than 600 branches and offices in 23 states and digital channels. Bank of the West is a subsidiary of BNP Paribas, a leading bank in Europe, which has a presence in 74 countries with more than 192,000 employees. To learn more about Bank of the West, visit About Us via BankoftheWest.com.
Deposit and loan products offered by Bank of the West, Member FDIC and Equal Housing Lender. © 2018 Bank of the West. Doing business in South Dakota as Bank of the West California.
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*Securities and variable annuities are offered through BancWest Investment Services, a registered broker/dealer, Member FINRA/SIPC, and SEC Registered Investment Adviser. Financial Advisors are Registered Representatives of BancWest Investment Services. Fixed annuities/insurance products are offered through BancWest Insurance Agency in California, (License #0C52321) and through BancWest Investment Services, Inc. in all other states where it is licensed to do business. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business. Bank of the West and its various affiliates and subsidiaries are not tax or legal advisors. BancWest Investment Services is a wholly owned subsidiary of Bank of the West. Bank of the West is a wholly owned subsidiary of BNP Paribas.
** Assets under management refers to assets under administration, management, advisement, and on deposit, including assets with our affiliate BancWest Investment Services as of December 31, 2017.
Bank of the West Wealth Management offers products and services through Bank of the West and its various affiliates and subsidiaries.
Investment and Insurance products:
| NOT FDIC INSURED |
NOT BANK GUARANTEED |
MAY LOSE VALUE |
NOT A DEPOSIT |
NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY |
SOURCE Bank of the West
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