Norwegian wealth manager Formue has been growing revenues and assets since opening in 2000. It has done this by financially educating people who never gave much thought to wealth planning and by getting people to like it.

Carnegie Private Banking is this year’s winner for best bank for ultra-high net-worth individuals in the Nordics and Baltics.

Amid strong competition between the region’s leading private lenders, Carnegie Private Banking is the judging panel’s choice for best private bank in the Nordics and Baltics this year. The bank has also been recognized in three other categories: family office services, investment research and ultra-high net-worth individuals.

The banks in each market that have excelled across a range of core private banking activities during the past 12 months.

DNB Private Banking has been named this year’s best bank for family-office services in the Nordics and Baltics.

Formue is this year’s winner for best bank for discretionary portfolio management in the Nordics and Baltics. Key to its success was the lender’s transition from a manually processed portfolio construction to an industry-leading portfolio and advice digital solution: Advent Genesis.

The award for the best international private bank in the Nordics and Baltics goes to JPMorgan Private Bank this year. Among other things, the US lender impressed the judging panel with the philanthropic commitments it has facilitated for clients in the region.

Carnegie Private Banking wins the Sweden’s best domestic private bank award for the second consecutive year for the growth, investment and development it has made across its private banking business.

Nowadays, wealthy investors are not only looking for further insights and analytical expertise to guide them through uncertain markets but also for the ability to integrate non-financial preferences into their decision-making.

For its mix of global capability with local expertise and philanthropic efforts, JPMorgan wins the award for Sweden’s best international private bank.

Sustainability principles are embedded across all the private banking products and services offered by Formue, the Nordics and Baltics’ best private bank for sustainability this year.