For its ninth annual World’s Best Private Banks Awards, Global Finance Magazine ranked J.P. Morgan Private Bank first overall.
J.P. Morgan Private Bank has once again been named “Best Private Bank in the World” as well as “Best Private Bank in North America.”
Thomas Monteiro, writing for Global Finance Magazine, commented: “This year’s volatile macroeconomic backdrop did not phase our back-to-back award winner, J.P. Morgan. The global behemoth seized the opportunities that volatility afforded, posting phenomenal growth.”
At J.P. Morgan, clients not only benefit from specialists, but also—through their Private Bank teams—have access to the vast resources of the full firm.
"While navigating through challenging economic conditions, J.P. Morgan Private Bank has made remarkable strides in executing our growth and expansion strategy," says David Frame, U.S. CEO of J.P. Morgan Private Bank. "We remain committed to innovation and enhancing our capabilities while delivering exceptional outcomes for our clients.”
We have also continued to invest in attracting and retaining top talent. In the first three quarters of 2023, we added 306 Private Bank client advisors, bringing our total to 3,443.
How Global Finance Magazine decides these awards
Global Finance Magazine selects the winners with input from executives and industry insiders, also using information from entries submitted by banks in addition to independent research to evaluate a series of objective and subjective factors. This year’s ratings were based on performance during the period covering July 1, 2022 through June 30, 2023.
No proprietary information was sought or shared in the awards process. The magazine considers local market knowledge, global footprint and investment breadth and sophistication. Because metrics are rarely public in this sensitive corner of finance, the magazine incorporates perspective from analysts and consultants. Performance data are also drawn from industry sources, including Scorpio Partnership’s annual Global Private Banking Benchmark and Asian Private Banker magazine’s regional league tables. Size and growth are a factor, but Global Finance Magazine also considers creativity, uniqueness of offering and dedication to private banking as a core business either globally or regionally.
Thanks to our clients
There is nothing more rewarding than helping our clients fulfill their goals for their lives, families, communities and beyond. Thank you to our clients for the trust placed in J.P. Morgan Private Bank and for the privilege of working with you. If you are interested in becoming a client, let’s connect. You can reach us through the contact form below.
