Best private bank for intergenerational wealth transfer 2017
Ping An Private Banking
Part of the widely respected Ping An Group, which started out in insurance before expanding its remit to include asset management and banking, Ping An Private Banking, led by Bonnie Lam, has chosen to focus heavily on high-end clients.
Ping An Bank consistently delivers outstanding intergenerational wealth management and private banking advice to high net-worth clients. Geared toward helping family businesses protect wealth and hand it, unfettered, to the next generation, Ping An helps clients to integrate onshore and offshore trust operations and custodian services.
The Shenzhen-headquartered lender also offers a one-stop shop for clients looking for high-end legal, tax and trust advice and planning, while guaranteeing comprehensive inheritance protection and all-round investment advisory services.
In recent years the lender launched the ‘Ping An Chinese Family Businesses Inheritance Award’ – developed in collaboration with the PBC School of Finance at Tsinghua University and professional services giant Deloitte – to highlight worthy examples of investing excellence among family-run Chinese enterprises.