Best private bank: Credicorp Capital Perú
Credicorp Capital Perú stands as Peru’s definitive private banking leader, delivering a multi-dimensional value proposition built on financial strength, product innovation and deep regional expertise.
Throughout the review period, the franchise delivered outstanding performance, with double-digit revenues growth, outpacing Peru’s 3.3% GDP growth. Growth was broad‑based and strategically balanced: asset management revenues expanded, UHNW revenues via Vicctus Multi Family office increased and brokerage surged, propelled by disciplined AUM growth from new and existing clients.
This performance reflects a differentiated commercial model integrating a six-plus member acquisition team, corporate banking synergies and long‑standing partnerships within the Credicorp ecosystem.
Credicorp Capital Perú’s solutions architecture is unmatched in the Peruvian market. The firm introduced a pioneering real‑asset‑backed lending product, expanded cross‑border banking capabilities and deepened access to private markets through sophisticated local fund structures – making it the first player to democratise alternatives domestically. It also remains the only institution in the country to apply goals‑based asset allocation across all wealth segments, cementing its leadership in advisory excellence.
Its proprietary multi‑jurisdiction digital platform delivers an integrated Peru‑Panama‑US client experience unrivalled in the country. Supported by zero adviser turnover for two consecutive years, Credicorp Capital Perú continues to set the national benchmark for trust‑based, holistic, generational wealth management.
Best international private bank: BBVA Perú
BBVA Perú stands as the country’s most internationally capable and strategically advanced private banking franchise. Anchored in the global scale of the BBVA Group and powered by a disciplined, client‑first advisory model, the bank has consolidated its position as one of Latin America’s most sophisticated wealth platforms.
Its international proposition is defined by multi‑jurisdictional capabilities and global‑class investment architecture – enabling Peruvian clients to manage and diversify wealth across borders with regulatory efficiency and risk governance. This global-local synthesis has directly supported exceptional performance outcomes: AUM rose by close to a third during the review period, while UHNW+ assets climbed to more than $100 million, evidencing sharply rising relevance among Peru’s most sophisticated investors.
The bank’s sophisticated advisory engine makes use of monthly full‑portfolio engagement, structured annual advisory cycles and AI‑powered investment tools that accelerate proposal generation, portfolio rebalancing and data‑driven insights.
BBVA Perú’s investment platform reinforces its leadership in product depth and global connectivity. Mutual fund assets alone surged throughout the review period, underscoring strong adoption and wallet concentration.
Finally, BBVA Perú’s commitment to next‑generation continuity, women’s wealth empowerment, digital transformation and experiential client engagement positions the franchise not only as a financial institution but as a long‑term steward of family legacy and purpose.
Best for succession planning: Credicorp Capital Perú
Credicorp Capital Perú stands as the country’s leader in succession planning, delivering a sophisticated, multi-generational advisory platform. In a market defined by evolving family structures, cross‑border complexity and rising next‑gen expectations, Credicorp Capital has engineered a differentiated model throughout the review period, that integrates legal, financial and tax‑aligned structuring to protect and transition wealth.
Through its open‑architecture approach, the firm provides a full spectrum of solutions – including trusts, offshore vehicles, private placement life insurance (PPLI) and bespoke fiduciary structures – designed to minimise transfer frictions, safeguard family legacies and ensure continuity in line with each client’s jurisdictional realities and long‑term objectives. Its methodology is anchored in rigorous risk assessment, continuous client engagement and the active coordination of top-tier external legal and tax advisers.
Credicorp Capital’s national leadership was demonstrated during the review period through high‑impact, real‑world outcomes: implementation of revocable trust strategies to mitigate judicial succession processes; multifaceted structures that protect vulnerable beneficiaries in multi‑generational families; integrated cross‑border trust and corporate solutions for internationally exposed clients; and the modernisation of legacy foundations into US-compliant trusts. With unmatched legal‑structural expertise and a relentless commitment to long‑term stewardship, Credicorp Capital Perú has solidified its position as the country’s premier provider of succession planning and next‑generation advisory.
Best for client service: Scotia Wealth Management
Scotia Wealth Management leads Peru’s evolving wealth landscape in delivering a client experience defined by precision and deep regional insight. The bank’s Total Wealth Approach – a holistic advisory framework that unifies local expertise with global capabilities – successfully meets the complex needs of Peru’s high‑net‑worth (HNW) clients.
In FY2025, Scotia Wealth Management Perú achieved an exceptional net promoter score, with four-fifths of clients identifying Scotia Wealth Management as their primary advisory partner. This performance is reinforced by strategic enhancements to the Peruvian value proposition, including expanded cross‑border lending capabilities, integrating local and offshore collateral pools to create flexible and institution‑grade borrowing solutions.
Scotia Wealth Management Perú’s commitment to being client‑centric during the review period was further demonstrated through the launch of Wealth+, achieving 100% adviser adoption in less than three months and generating thousands of hours in annual productivity gains.
Moreover, the introduction of Total Wealth Planning – supported by Peru’s first in‑market financial planner – has significantly deepened advisory quality, giving clients a comprehensive framework to align personal, financial and intergenerational goals. Complementing this advisory depth, Scotia Wealth Management has strengthened cultural engagement through curated client experiences, including the Diners Club Peru Open.
Scotia Wealth Management’s delivery, regionally attuned strategy and commitment to client outcomes make it the clear leader for best for client service in Peru.
Best for alternative investments: Credicorp Capital Perú
Credicorp Capital Perú continues to lead the Peruvian industry in alternative investments, delivering a sophisticated platform that has reshaped how Peruvian investors access and engage with private markets.
Rooted in a client‑first philosophy, the firm has built a differentiated model defined by deep education and a commitment to long‑term value creation. This strategic approach has yielded strong adoption across wealth segments, accelerated fundraising momentum and positioned Credicorp Capital as Peru’s leader institution for private market solutions.
Throughout the review period, the bank engineered compliant, high‑fidelity fund vehicles and trust‑based architectures, enabling domestic clients to access global private equity, private credit, secondaries and infrastructure strategies with institutional‑grade precision.
Complementing this, the firm executed a multi-faceted client‑experience strategy, including more than 25 curated educational forums and bespoke advisory materials that translated complex strategies into clear, actionable portfolio solutions.
The platform’s performance speaks for itself: top‑quartile manager selection, rigorous due diligence exceeding 500 annual manager interactions, and consistent excess returns across multiple periods underscore a robust, risk‑disciplined investment framework. Client outcomes further validate this leadership – UHNW allocations to private markets have risen materially, supported by improved re‑up behaviour and diversified, vintage‑balanced commitments. Its integrated model of innovation, education, governance and performance continues to set the standard for alternative investments in Peru.
