Western Europe's best bank for wealth management 2016: BNP Paribas

Results index

BNP Paribas wins this year’s award for best bank in Europe for wealth management. In France, Benelux, Italy, Spain, the UK, Turkey, Switzerland and, increasingly, Germany, the bank has been gaining market share to become the trusted adviser for wealthy individuals in the region. Its net new asset flows were €1.9 billion in 2015.

The bank’s product offerings are impressive. Whether it is social bonds, rural property, art investment, real estate, private equity deals, or working with its investment bank to structure tailor-made investment solutions, BNP Paribas Wealth Management claims it follows a client-centred approach.

For the ultra-high net-worth sector, the bank has developed a modelling tool that allows clients to see a consolidated picture of their global wealth. Working with its international broker subsidiary Exane, the bank also gives clients access to pan-European research while delivering insights through its Voice of Wealth app.

The bank is also strong in philanthropy. That is buoyed by its philanthropy index that measures the commitment of individual philanthropists across the world, its qualitative research on philanthropy and its client-networking events on the topic.