Best Private Bank Hong Kong UHNW
Morgan Stanley Private Wealth Management Asia
Best Private Bank – Hong Kong UHNW
Vincent Chui
Head of wealth management, Asia Pacific
Morgan Stanley Private Wealth Management Asia
We are proud to be awarded Best Private Bank – Hong Kong UHNW.
Hong Kong is Morgan Stanley’s regional headquarters. We have a significant footprint in the city and considerable resources to deliver to our institutional and wealth clients.
Our UHNW business leverages Hong Kong’s strategic and geographical advantages alongside the firm’s strengths to provide integrated coverage and a one-firm solution to our Hong Kong-based and covered UHNW
clients. In addition, clients benefit from our deep knowledge of China derived from our leading China banking, capital markets and securities businesses, as well as their access to Morgan Stanley’s most important conferences.
We are pleased APB recognised our differentiated offerings to clients in Hong Kong and named us the best private bank in Hong Kong for UHNWs.
What was behind the judges’ decision?
- With one of the strongest investment banking platforms among its peers, Morgan Stanley Private Wealth Management Asia clients can access the US bank’s outstanding institutional services such as M&A, ECM, and DCM solutions through its strategic platform SAS (Strategic Advisory Solution) that supports the cooperation between Private Wealth Management and Investment Banking
- The bank demonstrated why it is the best in Hong Kong by having an experienced investment representative team. The judging panel was convinced by how Morgan Stanley Private Wealth Management Asia has continued to add to its Hong Kong team in 2023 amid a challenging macro background. The US bank has one of the highest average AUM per relationship manager in the market
- In 2023, Morgan Stanley Private Wealth Management Asia scaled up its wealth planning solutions and expanded its offering for the next-generation segment. This is demonstrated by the launch of its Wealth Leaders of Tomorrow Programme (WeTOP) which provides next-gen clients in Hong Kong with in-depth knowledge of business, investment, and family and wealth planning
What we said
“Morgan Stanley Private Wealth Management Asia took home the award for Best Private Bank – Hong Kong UHNW for the first time since the judging panel split the category by region and client segment. This award reflects Morgan Stanley Private Wealth Management Asia’s commitment to continually providing its industry-leading services and solutions to the wealthiest clients in Hong Kong,” said Carly Lau, senior reporter, Asian Private Banker.
“2023 marked another successful year for Morgan Stanley. Not only did its overall asset and wealth business see strong growth globally, but in Asia, Morgan Stanley Private Wealth Management Asia booked strong AUM and client assets despite challenging market conditions.
“The bank’s steady Greater China footprint also helped Private Wealth Management Asia to record strong revenue growth in the region including in Hong Kong. With such strong capabilities and commitment, the judging panel of Asian Private Banker would like to congratulate the team at Morgan Stanley Private Wealth Management Asia on its success.”
Contact Us
All awards related enquiries to
candice.c@asianprivatebanker.com
+852 8191 7196
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