What does it mean to be ‘The Best Private Bank’? For starters, you need to be able to justify the accolade, and articulate why it’s deserved and what benefits it brings.

On that note, NAB Private Wealth was recently named Australia’s Best Domestic Private Bank 2022 by Asian Private Banker for the second consecutive year.

It follows on from another recent accolade when NAB Private Wealth was named Best Private Bank in Australia at the 14th annual Global Private Banking Awards 2022 by the Financial Times in London.

Last year, NAB Private Wealth was also awarded Best Private Bank in Australia by Global Finance for the second year in a row, and Best Private Bank in Australia (investment management and next generation) by Euromoney Private Banking.

Clients not only benefit from the specialists at Australia’s Best Private Bank but also — through their Private Wealth team — can access the vast resources of JBWere and NAB.

“The most successful individuals and families in Australia continually turn to us to help meet their financial needs. But more importantly, we can give clients a relationship they can have real confidence in. Both now and for the next generation,” says Michael Saadie, Executive NAB Private Wealth Executive / CEO JBWere.

How Asian Private Banker decides these awards

The judging panel, renowned as being amongst the toughest and most comprehensive within the industry, assess submissions through the three lenses they believe are crucial for determining how a private bank has performed in 2022:
• Strategic and operational performance
• Client engagement
• Investment ideas and portfolio management

“These awards recognise and honour those banks that are stand-out examples of leadership, innovation, performance and client-first strategies” said Asian Private Banker in announcing winners.

Supporting generations of clients

Michael said: “Our clients are people who want to make a positive difference for their families, business and communities, and help build a better future. And we’re the same – we love working with people who want to make a difference.

“Wherever our clients are on their wealth journey, and whatever the level of support they require, we have the team of experts to support them.

“The accolades we have received are a testament to our people, however, being voted ‘the best’ does not mean we cannot be better. Every day we come to work with a simple objective, to view our world through the eyes of our clients and seek ways to improve our service – it is a process with no end date.”

“To our clients, thank you for the trust placed in NAB Private Wealth and for the privilege of working with you. We look forward to an exciting 2023 as we continue to focus on the most important thing of all – delivering to the wealth needs and aspirations of our clients.”

If you are interested in becoming a client – please reach out, our team is here to help.

The information contained in this article is gathered from multiple sources believed to be reliable as of the end of February 2023 and is intended to be of a general nature only. It has been prepared without taking into account any person’s objectives, financial situation or needs. JBWere Limited ABN 68 137 978 360 AFSL 341162 (JBWere) is a wholly owned subsidiary of National Australia Bank Limited ABN 12 004 044 937 AFSL and Australian Credit Licence 230686 (NAB). Before acting on this information, NAB and JBWere recommend that you consider whether it is appropriate for your circumstances. NAB and JBWere recommend that you seek independent legal, financial and taxation advice before acting on any information in this article.