Julius Baer ranked top private bank in Guernsey by its peers

Tuesday 12 February 2019

Julius Baer in Guernsey has won the headline categories of Asset Management and Best Private Banking Services Overall in the 2019 Euromoney Private Banking and Wealth Management Survey, which recognises the leading providers of private banking services.

The international private bank is celebrating 30 years in Guernsey this year. And on that anniversary, won a total of six of the Guernsey categories including wins for specialist services such as ESG/Social Impact Investing and Research and Asset Allocation Advice.

Julius Baer’s Guernsey Euromoney award wins follow the bank being named as Private Bank of the Year – Channel Islands in the Citywealth IFC Awards, announced in January. The awards recognise the excellence of advisers and managers in the private wealth sector in the major international finance centres.

Business magazine Euromoney runs its annual Private Banking and Wealth Management Survey as a qualitative review of the best services in private banking by region and areas of service. The survey is completed by private banks and wealth managers and peer nominations contribute to the results.

Stephen Burt, Branch Manager of Julius Baer in Guernsey, said: “We are proud to have received such positive results in the latest Euromoney survey. This outcome is due to the hard work and expertise of our staff, who all contribute to the success that has seen us recognised by our peers. We are grateful to everyone who nominated us. To have also won a Citywealth award caps a very successful start to 2019.”

2019 marks the 16th edition of the Private Banking and Wealth Management Survey and the results are reported in order to inform high net worth individuals on the range of services and providers available to them.

“Private banking is fundamentally about building strong, long-term relationships so to have been recognised by Euromoney as providing the best private banking services is testament to the relationships our staff have built with our clients. We are enormously proud that our clients reciprocate that positive feeling and continue to place their trust in us and that these strong relationships are recognised by our peers,” said Jean-Luc Le Tocq, Head of private banking at Julius Baer in Guernsey.

Craig Allen, Head of investment management at Julius Baer in Guernsey, added: “Our local team is made up of experts in their fields and that is certainly true of our asset management professionals. Success in initiatives like the Euromoney survey is the consequence of exceptional client service and performance so we are grateful to everyone who voted for us.”

The Euromoney awards will be formally presented on 21 February.

Pictured top: L-R Craig Allen, Stephen Burt, Jean-Luc Le Tocq.