Luxury Institute survey: Wealthy clients rate wealth managers

Boston Private Bank, Bernstein and Rockefeller took the top 3 spots respectively in the Luxury Institute survey released Tuesday. LI surveyed 505 investors that had at least $5 million in net worth. Wealth managers were rated on quality of service, exclusivity and their social standing and status.

The complete list is only provided to firms purchasing the full report but I've been able to identify about half the firms through press reports and from my own personal conversation with the nice folks at the Luxury Institute.

Here is the partial list:

1. Boston Private Bank
2. Bernstein Global Wealth Management
3. Rockefeller Wealth Management
4. Harris Bank
5. US Bank
6. Vanguard Personal Investors
7. Credit Suisse
8. Bessemer Trust
9. U.S. Trust
10. Wells Fargo
11. Bank of New York Mellon
12. Morgan Stanley Smith Barney
13. UBS
14. Merrill Lynch
15. Schwab
16. Bank of America

For articles about this topic:

Wealth Manager with the most cachet? A new king is crowned
Investment News by Hilary Johnson

Wealthy clients rate Boston Private Bank top
Reuters by Helen Kearney