The WealthBriefing Wealth for Good Awards 2024 - Acclaim

ACCLAIM

RECOGNISING LEADERS AC ROSS THE GLOBAL WEALTH MANAGEMENT INDUSTRY THROUGH THE WealthBriefing AWARDS PROGRAMME

The Third Annual WealthBriefing Wealth For Good Awards 2024

RECENT RESEARCH OUTPUT

Why Wealth Managers are the Ultimate Private Market Matchmakers

(in partnership with Hywin Wealth & VP Bank)

This report tackles both the supply and demand for private market opportunities in both the Asia-Pacific region and globally, a topic which will continue to be hugely important for the wealth management industry as H/UHNWs seek enhanced returns and diversification in a challenging investment environment and billions of “dry powder” await deployment.

External Asset Managers in Asia - New Directions for Rapidly-Expanding Sector (in partnership with UBS)

Our second annual report examining the growth of Asia’s EAM sector, covering both the powerhouses of Singapore and Hong Kong, and emerging markets like Thailand and the Philippines. This study looks at the growth prospects for independent advisors in the round as they seek to tap the region’s booming wealth and growing client acceptance of the EAM model.

Family Office Focus: An Update of the Industry's Efficiency in Accounting and Investment Analysis

(in partnership with FundCount)

A deep dive into the key technological and operational challenges facing family offices in their accounting and investment analysis activities. Based on surveys and interviews

among family offices managing over $72 billion in assets, this is an invaluable benchmarking tool for the sector which presents fascinating insights into future developments from a range of industry experts.

Applying Artificial Intelligence in Wealth Management - Compelling Use Cases Across the Client Life Cycle

(in partnership with Finantix & EY)

This comprehensive report identifies elements of the institution and advisor’s workloads that are ripe for AI amelioration, and points the way for firms seeking to maximise the competitive advantages offered by new technologies. AI experts and senior industry executives enrich each chapter, answering crucial questions on risk, KYC/ AML, compliance, portfolio management and more.

Decoding The Digital Landscape for UHNWIs

(in partnership with Jersey Finance)

This report explores the digitalisation of - and digital assets in - Jersey’s wealth management sector. It explores the shifting sands - both economic and regulatory - on which the digital sector rests.

Winning Women in MENA

(in partnership with First Abu Dhabi Bank)

This ground breaking new research examines the growth of female

entrepreneurship in the region. More specifically it looks at how women are driving family office strategy as well as the relationship between MENA’s UHNW female clients and the wealth management industry.

Technology & Operations Trends in Wealth Management 2023

(in partnership with SS&C Advent)

This succinct yet wide-ranging report shines a light on both macro and micro trends, beginning with industry growth sentiment and ending on operating model evolution, taking in every key area of development in between. It brings together datapoints and candid comments senior executives at leading consultancies across the world’s major wealth markets to create an invaluable peer benchmarking tool.

Technology Traps Wealth Managers Must Avoid 2023

(in partnership with EY)

With EY providing the overview, this report draws on the front-line experience of many of the technology sector’s biggest names, in recognition of the fact that they are the ones going in to solve wealth managers’ most pressing problems and have typically seen the ramifications of firms’ choices play out numerous times – not to mention in various contexts globally.

Foreword

STEPHEN HARRIS CEO, WealthBriefing

This year's Annual WealthBriefing Wealth For Good Awards marks the first time this program has been celebrated with a live, in-person event. This reflects the growing importance that the wealth management sector places on "doing the right thing."

Our celebration is also a testament to the global wealth management community's engagement with these awards. When we launched the Wealth For Good Awards three years ago, our goal was to acknowledge that wealth has significance beyond the immediate needs of the holders and their families. It is these individuals and families who recognise and embrace this trend more than is often realised. For the growing number of advisors who understand these needs, these awards provide a platform to promote high standards in the industry and, for the winners, to demonstrate excellence.

Philanthropy, of course, is not a new concept. It is as old as human society itself. However, the extreme inequalities becoming evident today have given wealth holders an existential impetus to engage in giving, not just out of altruism but as a means to ensure stability and social cohesion for future generations.

Wealth for Good extends beyond philanthropy. Wealth holders across all sections are eager to make investments that not only have a positive impact but also align with their values. This trend manifests in various ways within the wealth management industry, many of which are recognized this evening.

Furthermore, wealth management businesses have been quick to recognise the need to reflect the society in which they operate. They have strived to be inclusive, diverse, and fair, giving all stakeholders the respect and opportunities they deserve.

It's important to note that these awards are not a lap of honor; this is a journey we are all on, and one that is still in its early stages. We must navigate through the challenges of greenwashing and avoid the pitfalls of empty virtue signaling. Our hope is that the Wealth For Good Awards provide a compass for this journey, helping us make the world a better place together.

Contents

Philanthropy and impact investing haven’t been fringe activities in wealth management for some time. The Global Impact Investing Network (GIIN) estimates that the size of the worldwide impact investing market has been above $1 trillion under management since 2022. The world’s 50 largest endowment funds - the investment arms of non-profits – hold more than $1 trillion in assets in 2023 (source: The Visual Capitalist). Big names such as Ensign Peak Advisors, Stanford University and Yale are familiar ones. Within wealth management and banking, groups such as UBS and its Optimus Foundation, to name just one example, are significant.

There is a trend at work to encourage philanthropists to pool assets with each other, obtain economies of scale and cut administrative costs. The same sort of financial savvy that created wealth in the first place is spreading across impact investing and philanthropy. The role of the philanthropy advisor mirrors this: the role gets advisors close to what makes HNW individuals tick, both emotionally and mentally. And banks, family offices and wealth firms know that making an impact for social,

environmental and cultural change are big turn-ons for clients, sometimes far more so than just rates of return. Philanthropy and impact also reflect how a rising generation of younger adults want to effect change, not just by sending money.

As these awards show, the field is extremely varied, covering banks, asset managers, advisors, consultants, fintechs, data providers, law firms and accountants. The sector has seen a proliferation of entities such as Donor-Advised Funds (DAFs) in the US and UK, along with continued development around foundations and trusts.

Worries about the state of the environment, along with civil unrest, war, human trafficking, crime, lack of education and mistreatment of particular groups capture headlines and drive change. On the happier side, a desire to enrich communities with art, sport, social activities and connections also fuel change. And the wealth industry knows that its clients, the wealthiest citizens around, want to “give back” to their communities. This goes far

a

goal

warding

envy, to

PROTECT RAINFORESTS

REJECT GREENWASH

IMPROVE AGRICULTURE DEFEND OCEANS SAVE WHALES PLANT TREES GATHER DATA

STOP OVERFISHING HALT POLLUTION

RESTORE FORESTS RALLY GOVERNMENTS TAKE ACTION GROW SEAGRASS ENFORCE LAWS SAFEGUARD SPECIES

PROMOTE BIODIVERSITY

CONSERVE MANGROVES

REDUCE EMISSIONS

END BOTTOM-TRAWLING

MONITOR PROGRESS

DELIVER IMPACT

The Judging Panel

The 2024 WealthBriefing Wealth For Good Awards programme was focused around three main category groupings: experts (individuals and teams), products and services for wealth managers and clients, and institutions of all sizes and types in the global market.

Independence, integrity and genuine insight are the watchwords of the judging process with the judging panels made up of some of the industry’s top trusted advisors and bankers.

JENNIFER AYER Managing Director AlTi Tiedemann Global

CATH DOVEY Co-Founder Beacon Collaborative

ROOPALEE DAVE Partner & UK Wealth Management Lead EY

SIANNE HALDANE Founder Boon Impact Limited

MARK HUSSEIN CEO, HSBC Life (UK) and Head of UK Insurance HSBC Bank

KEITH MACDONALD Senior Advisor Wealth Management Various

MATTHEW SPENCER Advisor Various

XAVIER ISAAC CEO Accuro

SABILA DIN CEO & Founder Din Consultants

ELISE HOCKLEY Communications Director Ocean Risk and Resilience Action Alliance (ORRAA)

NIGEL KERSHAW OBE Chair The Big Issue Group

STEPHEN METCALF Head of Sustainable Investing, BI & Asia RBC Wealth Management

MELVYN YEO Co-Founder and Director TRIREC

JAMES QUARMBY Partner Stephenson Harwood LLP

Daylight’s learning platform and network are designed exclusively for wealth and philanthropic advisors, to help you meet this extraordinary opportunity to grow your business, client relationships and impact.

Your home for lifelong learning, Daylight has something for all advisor skill levels and roles – and the Impact Philanthropy Advisor certificate is where you start. With a mix of expert facilitation and on-demand instruction available online over 20 weeks, the Impact Philanthropy Advisor certificate (IPA) offers the skills and connections to confidently support the needs and expectations of families, organizations and communities today.

www.daylightadvisors.com/

ADVISOR LEARNING JOURNEY

WINNER: Aleta

WINNER: ARC

WINNER: Barclays Private Bank

WINNER: Xavier Isaac - Accuro

WINNER: Big Give

WINNER: Capital Generation Partners

WINNER: Charities Aid Foundation

The Antidote To Inefficient Wealth Management

Ken Gamskjær CEO Aleta

What does your firm do to push forward ESG and sustainable investing that is different from its peers?

At Aleta, sustainability is at the heart of our financial framework, unlike many platforms where ESG considerations are secondary. We believe that impact and profit go hand in hand. To dispel the myth that they are mutually exclusive, we present financial figures alongside sustainability metrics, demonstrating that investments can achieve strong returns while adhering to sustainable principles. This approach ensures clients can pursue a more sustainable investment path without compromising profitability.

To reach the award-winning level, what obstacles did you have to overcome and what lessons did you learn?

We've faced challenges in acquiring high-quality data, as traditional sources often lack depth and accuracy. To overcome this, we use advanced technology and our team's expertise to create a solid data foundation. The absence of a universal standard in sustainability complicates data reliability, so we invest heavily in translating data to ensure comparability and clarity, highlighting its significance in investment strategies.

How do you intend to sustain your standards and take things to a higher level?

Unlike many competitors who rely on legacy systems, we built our platform using cutting-edge technology. This approach allows us to remain flexible and anticipate client needs, often before they even realize them. We maintain a robust pipeline of new features and improvements, ensuring our platform is never 'complete' but constantly evolving to meet client demands. The capabilities we offer today as a next-generation platform are poised to become the industry standard within a few years. By anticipating trends and continuously enhancing our services, we ensure we exceed client expectations and stay at the forefront of the industry.

How did the team of colleagues work to make this achievement possible?

We believe in a flat organisational structure where authenticity fosters high performance. Empowering team members to be themselves cultivates trust, creativity, and excellence. Our developers and sales team work closely under one roof, enabling dynamic collaboration. This proximity allows us to swiftly respond to feedback and innovate continuously, driving our success.

What are the main issues in ESG investing that you think are most likely to take your attention in the next few years?

Finding common ground on ESG criteria is challenging due to the subjective nature of sustainability. Legislation supports standards, yet compliance is tough amid rapid change, especially for smaller players. We aid clients with clear, reliable data to navigate this evolving landscape.

In what ways will receiving this award make a difference to you, your team, and your clients?

Receiving this award confirms that our hard work is yielding results. For our team, it underscores their dedication and excellence, affirming the value of their efforts and inspiring us to further advance the industry by embracing more progressive approaches and moving beyond outdated practices.

Who and what inspires you?

We are driven by our vision of a world where financial success it not only measured by profit, but also by the impact made on the environment, society, and future generations. Collaborating with the next generation is particularly inspiring to us. The significant wealth transfer ahead presents a distinct opportunity to create a positive influence on the future.

The Pursuit Of Better Investment Performance

ARC is an award-winning investment consulting practice advising families and charities across 20 jurisdictions with assets under advice of GBP 18 billion. For almost 30 years, we have focused on helping investors and charities, their advisers and investment managers to get the best from the wealth management industry.

In 2007, we started an industry-wide drive for greater transparency on investment outcomes for private clients and charities with the establishment of the ARC Private Client Indices. 2023 saw the Indices reach 20 years of performance data.

We fundamentally believe that all investors make better decisions when informed by insightful and reliable data. Understanding what good investment performance looks like is not straightforward; it is not possible to ‘Google’ the discretionary investment performance delivered by any particular investment manager or private bank. The ARC Private Client Indices remedies this situation.

Since 2012, we have provided two important solutions to the problems faced by charity trustees and stakeholders concerning the management and stewardship of their investment assets.

The ARC Charity Indices (‘ACI’)

The ACI are investment performance benchmarks for the charitable sector and used by charity trustees, advisers, and stakeholders to assess their managers’ delivered outcomes.

The Indices are based on thousands of portfolios submitted by 35 participating investment managers and provide insight into the actual net of fees returns, achieved by discretionary investment managers managing charity assets.

Grant Wilson Chief Investment Officer ARC

Investment Consultancy (UK)

The Indices allow charity trustees to easily access key metrics to compare the performance of their own portfolio and determine whether any deviation from peer group performance creates the need for deeper enquiry.

All this data is provided entirely free of charge to investors and contributors to the ARC Charity Indices at www.assetrisk.com/ charities. The cost of producing and maintaining this data is borne by us as part of our commitment to supporting the charitable sector as a force for good.

ARC Charity Multi-Asset Fund Review (‘CMAF’)

Launched in 2016, the ARC CMAF is a detailed analysis of the investment performance, style and attributes of the principal investment funds used by charities whose assets may be below the threshold of a dedicated discretionary mandate.

The CMAF report is publicly available at no cost to investors at www.assetrisk.com/charities

These funds exist to serve charities who do not have the scale, resource or inclination to have their own discretionary managed portfolio. To further support the sector, we provide comprehensive quarterly investment performance reports on each individual fund at no cost to the charity.

We produce the CMAF and individual reports with support from investment managers, operating on a not-for-profit basis to cover only our administration and production costs.

Together ARC and the investment managers contributing to the ARC Charity Indices have been a force for good. Within an ESG framework the Indices are a social good providing invaluable data to help charity trustees and their teams enjoy improved investment outcomes.

LEGACY PLANNING:

It’s more than just transferring money – it’s about transferring values

Your clients deserve a comprehensive wealth transfer strategy that addresses the need to preserve their wealth and protect their family, consistent with their values and passions. Charitable giving is an important part of that transition and charitable trust solutions can be an effective, tax efficient option.

At Arden Trust, we are committed to working with you to deliver those solutions to your clients. Our experienced team will partner with you to administer the trusts, helping you deepen the relationship with your clients across generations.

THE ARDEN TRUST ADVANTAGE

Arden Trust Company has a unique tradition of supporting the relationship between you and your clients. We work as part of this larger team to enable seamless execution of the trustor’s vision. Together, we provide clients with a holistic approach and specialized expertise, giving them peace of mind in every aspect of their financial lives.

Visit www.ardentrust.com to find out how we can help.

Arden Trust Company – Preserving Family Legacies

AKina Franklin Vice President Arden Trust Company

rden Trust Company provides industry-leading personal trust administration designed to support successful wealth transfer across generations. Arden Trust’s experienced trust professionals work closely with individuals and families to enable the seamless execution of a trustor's vision, while delivering a consistently exceptional level of service.

At Arden Trust, we partner with financial advisors, and work collaboratively to provide clients with a holistic approach and specialized expertise, giving them peace of mind in every aspect of their financial lives.

Can you tell us about Arden Trust and how the company positively impacts the communities in which it operates?

Arden Trust Company operates in several states across the country. Colleagues living and working in those states are active in professional and community organisations. Arden Trust is proud to support the community engagement of our team members and the positive impact they have on the communities we serve.

Can you describe your personal areas of focus when it comes to community outreach and development?

As a board member of the nonprofit Think Big for Kids, my focus is primarily centered around sharing knowledge of the wealth management industry with families, especially children and adolescents. It's important to equip families with the skills they need to succeed financially, and that includes ensuring that next

Winner

• Outstanding Contribution to Wealth for Good Initiatives (Americas)

generation family members are prepared to grow into future decision makers. Speaking to children and adolescents about the importance of financial literacy ensures that children and young adults have a good foundation for their personal finances, which is imperative to financial success and career satisfaction, regardless of the career path they choose.

A focus on teaching financial literacy to parents is just as important, starting with the basics of budgeting.

Our goal is to impact community members at all levels, underscoring our sincere and firm commitment to improving financial outcomes, especially for families that have the most to gain from this vital yet often underserved area of adult and childhood education.

What else would you like readers to know about Arden Trust Company?

Arden Trust offers a variety of trust services to both individuals and financial professionals with the goal of preserving wealth across generations. We also strive to support the relationship between financial professionals and their clients. For any advisors interested in learning more about how we can assist them and their clients, I encourage them to reach out and discover the comprehensive services we offer.

—Sonya Mughal, CFA Chief Executive Officer

Values-Driven And Certified B Corp ™ Bailard Drives Corporate Social Responsibility Excellence

FSonya Mughal CEO Bailard

ounded 55 years ago and still independent, Bailard’s long track record of success is grounded in our core values of accountability, compassion, courage, excellence, fairness, and independence. These values guide us as we serve our clients and as we pursue high standards of corporate social responsibility. Managing $6 billion in assets as of 3/31/2024, Bailard is a majority employee-owned and woman-led wealth and asset management firm in the San Francisco Bay Area. Recently becoming a Certified B Corp™, Bailard has built a long-term asset management track record across domestic and international equities, fixed income, and private real estate, along with robust in-house sustainable, responsible, and impact investing expertise.

What does your firm do to push forward ESG and sustainable investing that is different from its peers?

Bailard has a dedicated Sustainable, Responsible and Impact Investing (SRII) practice of highly skilled professionals led by 30-year industry veteran Blaine Townsend. One-way Bailard’s SRII practice stands apart is our proprietary scoring framework, ESG Capture®, which scores companies on their sustainable and responsible practices and performance. This process allows us to mitigate client and strategy portfolio exposure to risks including climate change, poor corporate governance, undisclosed political giving, and more – while also pursuing investment opportunities in the companies performing well on, or providing solutions to, these problems. Bailard’s two impact strategies, Broad Impact and Broad Impact Global, align investments to macrothemes of sustainability and inclusion, with microthemes spanning important issues like renewable energy, decarbonisation, diversity and inclusion, job creation, and affordable housing.

• CSR Strategy and Implementation (Americas) Winner

How do you intend to sustain your standards and take things to a higher level?

Bailard is committed to both excellence and accountability. The firm has continually strived for impact and innovation, including incorporating sustainable and responsible principles into portfolios; creating our charitable foundation; high client service and retention; and being continually recognized as a best place to work.

In 2023, Bailard became a B Corp™, recognised for meeting B Lab’s stringent standards of verified social and environmental performance, corporate transparency, and accountability. Not only is a firm recognized for better business practices that positively impact their community, employees, clients, and the environment, there’s a continuous process to benchmark and improve your firm in each area – ultimately fostering greater CSR.

Who

and what inspires you?

Every day, I am inspired by the Bailard team and their commitment to leading with our values in all that they do. One example is the Bailard Foundation, which is driven by the commitment of our employees to give back to the community. Launched in 2019 in tandem with Bailard’s 50th anniversary, the Foundation formalizes the dedication of the firm, our employees, and our clients to collectively improve the communities in which we live, work, and engage. The Bailard Foundation has contributed to increasing affordable housing, combating homelessness & poverty, and expanding financial literacy, especially in the San Francisco Bay Area community.

* The Bailard Foundation’s board of directors features chairwoman Terri Bailard, widow of firm co-founder, and Bailard, Inc. friends and employees.

Doubling The Difference: Building Sustainable Philanthropy With Big Give

Alex Day Managing Director Big Give

“Giving can be the most fulfilling thing we do in our lives. Those of us lucky enough to be able to support others, and the causes we care about, can make more of a difference to the world with Big Give.” James Reed CBE, Chair of Big Give

What does your charity do to push forward ESG and sustainable investing that is different from its peers?

Big Give has been running match funding campaigns for over 15 years, raising £300m for UK charities. These campaigns are catalysed by ‘Champions’ - trusts and foundations, high-net-worth individuals, companies, and public funders - which provide the match funding. Typically, these Champions contribute five, six or seven-figure sums to Big Give campaigns. By combining a unique match funding model with strategic partnerships, digital empowerment, and a focus on transparency and long-term impact, we have created an effective platform for driving meaningful social and environmental change. Our commitment to these principles ensures that we meet the immediate needs of charities whilst contributing to a sustainable future.

Innovative match funding model:

Our match funding model amplifies the impact of every donation, ensuring that our Champions double contributions from individual donors. Every £1 invested by one of our Champions is multiplied at least twice, often as high as four or five times, to support a portfolio of impactful charities. This unique approach increases the financial resources available to charities and encourages a broader culture of giving and investment in sustainable causes. With a proven model for multiplying generosity, we have raised £300m for 17,665 charity projects since being founded in 2008.

• Initiative or Program (UK)

Collaborative partnerships:

We actively seek partnerships with sector experts and funders to maximise the success of our campaigns - targeting impact areas where there is a need to increase investment including climate causes, mental health, gender justice, the arts and child poverty. We are not just about immediate fundraising; we are dedicated to fostering long-term impact. By promoting repeat giving, donor acquisition and sustained donor engagement, we help charities build, and grow a stable financial base that supports ongoing projects. Our goal is to create a ripple effect of positive change that extends well beyond the initial donation.

Empowering charities with digital solutions:

Our digital platform is designed to be accessible and efficient, empowering charities of all sizes to participate in our campaigns. By lowering barriers to entry and providing robust support throughout the fundraising process, we help a diverse array of charities secure the funding they need to thrive. Over 50% of the charities we fund have an annual income under £1m. Over 90% of our charity partners report increased confidence in digital fundraising, receive donations from new supporters, and have donor stewardship plans due to our campaigns.

In what ways will receiving this award make a difference to you, your team, and your clients?

Ultimately, our charity partners will be the biggest beneficiaries. We hope this award will enable us to provide more substantial funding, helping charities meet growing demands and achieve their missions. We have an ambitious aim of raising £1bn for good causes by 2030 and this award will significantly bolster our efforts toward that goal.

TURN VISION IMPACT INTO

As an investor, you want to make a positive impact with your wealth. We offer innovative sustainable investment solutions across all asset classes so that you may align your wealth with what matters to you.

Sustainability at the Heart of BNP Paribas Wealth Management

BNP Paribas Wealth Management is a leading global private bank and the largest private bank in the Eurozone with about 430bn Euros of AuM (as at 31 March 2024) 6,800 professionals support U/HNW individuals, entrepreneurs and families, in protecting, growing and passing on their wealth. Our clients benefit from an integrated and diversified business model across the entire bank. Responsible investing is at the heart of our model and at the heart of our clients’ concerns and plays a crucial role in the transition of our economies to a more sustainable model. We remain committed to support and advise our clients, entrepreneurs, and multi-generational families in this process, combining our expertise with our clients’ influence and their desire to tackle sustainable development challenges.

In the Middle East, BNP Paribas is among the few international banks whose presence in the region dates back to the early seventies. Today, BNP Paribas has offices in all the key business centers of the Gulf region (Bahrain, Dubai, Abu Dhabi, Jeddah, Riyadh and Doha).

Our activity fully reflects this longstanding commitment to the economic development of the Gulf countries with more than 500 employees in the Middle East.

In the region, BNP Paribas Wealth Management serves entrepreneurs, expatriates and families through its experienced bankers located across the GCC and Europe.

In what ways will receiving this award make a difference to you, your team, and clients?

BNP Paribas Wealth Management Middle East has won once again two awards in Private Banks Categories, Sustainable Investment Offering (MENA) and SRI Offering (MENA), at the Third Annual WealthBriefing Wealth For Good Awards 2024.

Our team has demonstrated an unparalleled dedication in addressing sustainability challenges. These prestigious awards are a testament of our pledge to drive meaningful impact and implement robust sustainability measures throughout our investment strategies and financial advice to our clients.

Antoine Chemali CEO BNP Paribas Wealth Management Middle East

Winner

• Sustainable Investment Offering (MENA)

• SRI Offering (MENA)

What does your firm do to push forward ESG and sustainable investing that is different from its peers?

BNP Paribas Wealth Management has a long-standing commitment to the environment and society. Since 2006, we have been building a deep expertise in Responsible Investments. Our experts select financial products that generate financial performance while aiming to provide social or environmental value added, in line with clients’ expectations in a systematic and structured approach:

1. Identify our client’s ESG preferences.

2. Clients define their objectives (in terms of risk, return, and impact) with their relationship manager and our sustainability experts.

3. Clients can choose the level of sustainability in their investments and they can also select philanthropy solutions (ready-to-use or custom-made).

4. Propose investment solutions matching our clients’ objectives. Our mission is to contribute to responsible and sustainable growth by financing the economy and advising clients according to the highest ethical standards. We stay forefront of the critical shifts, empowering our clients to navigate the changing landscape.

How do you intend to sustain your standards and take things to a higher level?

Maintaining close communication with our clients is key to our success. Our team of relationship managers and advisory professionals work diligently to understand each client, whether they are entrepreneurs or multi-generational families, their unique investment objectives, and values around ESG factors. We also have close collaboration with our experts across the entire BNP Paribas Group to accompany their professional and personal financial growth.

One of the tools we have developed is the Clover Methodology, a rating which covers 100% of our recommended universe, in all asset classes, to help our clients compare the sustainability level of all investment options and meet their sustainability objectives.

Bryn Mawr Trust's Wealth As A Service Offering: Transforming Wealth Management

Jamie P. Hopkins, Esq., LLM, MBA, CFP® Director of Private Wealth Management

Bryn Mawr Trust

We are in a convenience-based economy where digital work, on-demand services, and all-inone offerings are key to business success. Self-driving cars exemplify this trend, with 82% of shoppers valuing convenience highly. Wealth management still lags behind, with few exceptions.

Many wealth management firms strive to integrate comprehensive digital solutions, expanding services like private banking, credit, mortgages, and investment management. However, integrating all client needs seamlessly remains a challenge. Clients expect robust services including legal advice, tax planning, insurance, and financial planning, yet often experience gaps in offerings, impacting trust in financial advisors.

Having worked in the Registered Investment Advisor (RIA) sector, I noticed a lack of comprehensive service providers. We often expanded our offerings, acquired capabilities, or partnered with other firms, especially for trust and banking services. Bryn Mawr Trust fills this gap, offering trusted private banking and trust services to clients.

The Bryn Mawr Trust Company of Delaware and Bryn Mawr Trust offer delegated and directed trust services, allowing you as an advisor to manage the investments and work directly with your client while bringing in a trust fiduciary on the back end. Bryn Mawr Trust has more than 120 years of delivering fiduciary-level advice to clients.

enhancing their capabilities to become a one-stop shop.

Bryn Mawr Trust's Wealth as a Service revolutionises wealth management with convenient, comprehensive solutions and trusted partnerships. Integrating private banking, commercial lending, and fiduciary trust services, it meets clients' growing expectations and ensures a seamless financial journey.

Set up a call or meeting today at www.bmt.com to see how Bryn Mawr Trust can be your Trust and Lending Partner with our Wealth as A Service offering.

About the Author:

Jamie P. Hopkins, Esq., LLM, MBA, CFP®

Jamie P. Hopkins, with wealth management expertise, brings innovative thinking and transformative leadership. Graduated from Temple University and Villanova University Law Schools, he holds an LL.M. and JD, complemented by master’s degrees from The American College of Financial Services and Villanova University in financial planning and business administration, respectively.

Disclosure © 2024 WSFS Bank.

Winner

• Philanthropic Initiative (Americas)

• Communications Strategy (Americas)

Remember when I said clients want these services? A Spectrum report found that 94% of clients want their advisor to offer trust services, but only 10% are actually offering this service – that is a huge gap, but also a big opportunity to bring more value with the right trust partner.

Bryn Mawr Trust offers private banking and commercial lending to clients needing liquidity. With global wealth growth, many have valuable businesses but limited access to their equity. These services help clients increase liquidity. Bryn Mawr Trust supports RIAs and wealth management firms,

WSFS Bank d/b/a Bryn Mawr Trust Member FDIC. Bryn Mawr Trust is a division of WSFS Bank. Bryn Mawr Capital Management, LLC. is an SEC registered investment adviser and a subsidiary of WSFS Financial Corporation. Registration as an investment adviser does not imply a certain level of skill or training. The Bryn Mawr Trust Company of Delaware is a subsidiary of WSFS Financial Corporation. WSFS Financial and its affiliates, subsidiaries and vendors do not provide legal, tax or accounting advice. Please consult your legal, tax or accounting advisors to determine how this information may apply to your own situation. This communication is for informational purposes only and should not be construed as legal, tax or financial advice or a recommendation any specific product, service, security or sector. Information has been collected from sources believed to be reliable but has not been verified for accuracy.

INVESTMENTS: NOT A DEPOSIT. NOT FDIC - INSURED. NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY. NOT GUARANTEED BY THE BANK. MAY GO DOWN IN VALUE.

Harnessing 100 years of philanthropy expertise to maximise global giving

Mark Greer Managing Director, Giving & Impact Charities Aid Foundation (CAF)

The Charities Aid Foundation (CAF) exists to accelerate progress in society towards a fair and sustainable future for all. As a leading charity operating in the UK and internationally, our giving and impact services help individuals and businesses support the causes they care about. Each year, we distribute over £1 billion to more than 100 countries worldwide.

What sets your firm apart in promoting ESG and sustainable investing?

We offer a highly bespoke service, providing tailored guidance, inspiration, and connections to help clients create unique philanthropic impacts. Unlike many of our peers, we are a stand-alone charity entirely focused on maximising sustainable and social impact for our clients.

For instance, one donor maintains a £3 million impact-focused investment portfolio that sustains their philanthropy.

How do you intend to sustain your standards and elevate your work further?

For 100 years, CAF has been at the centre of the giving world, playing a key role in introducing initiatives such as Gift Aid, payroll giving and Donor Advised Funds in the UK. Our goal is to increase global giving, and achieving this requires continual innovation in our field.

We will continue to leverage our international network - a global collaboration of independent, robust organisations that are experts in their region. Our partners provide local knowledge and thought leadership on donating to their countries and collaborate with us to find new ways to enhance cross-border giving.

We also aim to improve the understanding of philanthropy across professional services. Our research indicates many advisers lack confidence and basic training in this area, which is why we offer free train-

ing sessions to firms and are advocating for the FCA to include philanthropy in industry qualifications for financial advisers.

How did your team contribute to this achievement?

This year, we’ve focused on structuring our knowledgeable and passionate Private Client teams to best serve our 3,000+ UHNW and HNW clients while enhancing the team’s daily operations and career development.

We also provide services to corporates and charities, allowing us to draw on colleagues’ insights across the organisation. Our in-depth work with both charities and donors helps us understand need from both sides and foster more impactful relationships.

What impact will receiving this award have on you, your team, and your clients?

I am inspired daily by our clients and the charities we support. The dedication of our clients, who fund a diverse array of important, often under-the-radar causes, should be celebrated. Hearing moving stories from charities about their achievements, thanks to our clients’ generosity and the CAF team’s dedication, is incredibly rewarding

These awards are so important for raising awareness of philanthropy and its essential role in professional services. Winning this award provides well-deserved public recognition of the hard work and expertise of CAF’s Private Client teams.

It also underscores our commitment to providing top-level service, especially as we celebrate our centenary.

Reshaping NextGen Talent

FinServ Fellowship Program

The Challenge:

• Roughly 1/3 of finanical advisors are expected to retire in the next 10-years

• Nearly 90% of advisors drop out of business within first 5 years

• Wealth Management firms list hiring new advisors as top concern

The Fellowship Approach:

Coaching:

2-year group based coaching program desinged by certified coaches to help develop

Mentorship:

6-months of structured mentorship, matching up students with industry veterans

To Donate or Volunteer

Access:

Scholarships to all fellows to attend at least one industry conference at no cost

About FinServ Foundation

FinServ has impacted over 500 students by partnering with over 40 Colleges and Universities. Founded in 2019, FinServ Foundation is a 501(c)(3) aiming to solve the talent and development crisis in finanical services.

www.FinServFoundation.org president@finservfoundation.org

We offer college students a twoyear evidence-based program that bridges College with their professional career, creating a more sustainable pathway for young professionals.

FinServ Foundation's Fellowship Program: A Unique Research-Based Approach To Tackling The Wealth Management Talent Crisis

WJamie Hopkins President FinServ Foundation

ealth management is bracing for a talent crisis of unprecedented proportions over the next decade. With as many advisors over the age of 80 as there are under the age of 30, and 38% of the industry, or over 110,000 advisors, expected to retire, the urgency for new talent is critical. Compounding this issue is the alarming retention rate of new advisors, with nearly 90% exiting the profession within five years. Additionally, the lack of diversity in the advisor ranks is stark: nearly 80% of advisors are male, 20% female, and 82% of Certified Financial Planners (CFPs) are white, in contrast to a U.S. population that is nearly 52% female and 42% non-white. This gap presents both a significant challenge and an opportunity for transformation within the industry.

Enter FinServ Foundation's Fellowship Program, a forward-thinking initiative designed to address these pressing issues head-on. The program draws inspiration from the diversity seen in university programs and incorporates evidence-based strategies proven effective in other industries. The Fellowship Program revolves around three core pillars: coaching, mentorship, and access to industry leaders.

Coaching: Bridging the Gap from Education to Career

The Fellowship Program offers two years of group coaching with top industry coaches. These monthly sessions cover crucial topics such as goal setting, mindset, negotiating pay, and other essential career development skills. This approach serves as a bridge program, supporting fellows from their final year in school through their first year in the workforce. By providing this structured support, FinServ aims to ensure that new advisors are better prepared for the demands of their profession and are more likely to succeed in the long term.

Winner

• Initiative or Program (Americas)

• Thought Leadership (Americas)

Mentorship: Structured Support from Industry Veterans

Mentorship is another cornerstone of the Fellowship Program. FinServ sets up a six-month guided and structured mentorship program that pairs fellows with seasoned industry veterans.

Monthly check-in calls, materials, and support are provided to both mentors and mentees, ensuring a productive and beneficial relationship. This mentorship not only helps new advisors gain valuable insights and guidance but also fosters a sense of belonging and support within the industry.

Access: Immersive Industry Exposure

Access to industry leaders and events is perhaps the most unique aspect of the Fellowship Program. FinServ brings fellows as a cohort to major industry events, allowing them to network with professionals, observe industry dynamics, and gain firsthand experience of the wealth management landscape. These events include special FinServ sessions and opportunities for interviews and coaching. By covering the costs of flights, registration, and hotels through FinServ scholarships, the program removes financial barriers and ensures that all fellows can participate fully.

Ultimately, the FinServ Fellowship Program aims to improve the success rate of new advisors, provide more comprehensive support than currently available, and increase the diversity and youth of the profession. By addressing the root causes of the talent crisis and implementing a research-backed approach, FinServ is positioning itself as a leader in shaping the future of wealth management. Through coaching, mentorship, and access, the program not only tackles the immediate challenges but also paves the way for a more inclusive and robust industry.

For more information or to support FinServ Foundation go to www.finservfoundation.org FinServ is a US Based 501(c)(3) non-profit

Pioneering Philtech: How Foundation Source Is Using Tech For Good

Joseph Mrak CEO Foundation Source

To reach the award-winning level, what obstacle did you have to overcome and what lessons did you learn?

Americans donated nearly $500 billion in 2022 and philanthropy is one of the most prominent activities among HNW investors, yet it’s largely overlooked as part of the wealth advisor tech stack. Foundation Source has worked to help advisors understand that to remain competitive and solidify long-term, trusted relationships with clients, they must address philanthropy as part of an overall financial plan.

It’s priority number one for us to lay that groundwork before introducing our “PhilTech”, which is one of the only offerings focused exclusively on charitable giving matching the sophistication of the tools available to support investment and risk management. Once advisors understand why they should dedicate more time discussing philanthropy with clients, our tech solutions tend to resonate more.

How do you intend to sustain your standards and take things to a higher level?

Foundation Source’s purpose-built technology and deep experience have created economies of scale that lower the cost of foundation ownership and enable donors, nonprofits, and their advisors to operate more efficiently and maximize impact. We are constantly looking for opportunities to enhance the experience, functionality, and capabilities of our technological platforms.

Winner

• Innovative Technology Solution (Americas)

As we expand into new areas of the charitable giving landscape, we aim to broaden and enhance our enterprise-caliber solutions and make seamless the incorporation of charitable solutions onto advisors’ desktops. Taking our success to the next level means becoming the go-to resource for the over 70,000 wealth advisors out there.

In what ways will receiving this award make a difference to you, your team, and clients?

This recognition is hugely motivating for us and affirms the value of our technology to advisors and donors. One of our goals is to support advisors in helping their clients pursue philanthropic missions, and we hope to continue making advisors aware of the resources and tools available to them to provide clients with strong, well-rounded services.

Today we support more than 4,000 charitable organisations, administer more than $22 billion in foundation assets, and facilitate more than 120,000 grants and planned gifts annually. Our growth speaks to the efficacy of our solutions and drives us to continue evolving and innovating for our clients.

Who and what inspires you?

We are wholly inspired by our clients and the work they do to generate positive social impact. In 2023 alone, our clients granted $1.5 billion and made over 50,000 individual grants. The generosity, passion, and commitment they demonstrate for the communities and causes they support is changing the world, and we are devoted to providing best-in-class solutions that empower them to focus on what matters most: their missions.

Helping clients define and pursue their wealth and investment management goals for over 65 years.

Glenmede’s Sustainable And Impact Investing Platform: An Enduring Approach To Helping Our Clients Align Their Portfolios With Values

What does your firm do to push forward ESG and sustainable investing that is different than its peers?

Our approach is differentiated due to its alignment with Glenmede’s core value proposition: to serve as reliable stewards for our clients. This foundational pledge has resulted in a sustainable and impact investing platform that is not siloed, but rather, is a core part of the rigorous, fiduciary-backed processes we have relied on for nearly 70 years.

Our platform is designed to help clients connect their investments with their organisational or personal values. Utilizing environmental, social, and governance information as part of the investment process, the team’s investment and impact measurement capabilities enable us to meet clients where they are across a wide range of motivations. In a space that is still often opaque, we offer 50+ investment strategies clearly categorized across integrated, mandated, thematic, and high impact concessionary approaches that are underpinned by fiduciary guidelines and customised impact measurement. Importantly, these strategies are underwritten as part of our standard investment committee process that seeks to consider strategies on traditional financial merits. This allows us to both customise portfolios to a wide range of impact related goals, while remaining focused on financial based metrics.

• Investment Advice or Service Provision (Americas)

Glenmede Trust Company

How did the team of colleagues work to make this achievement possible?

Expanding the department and internal training programs allowed us to increase the value we offer to our clients. Recently, we hired two new dedicated SII team members to add to our team, including our first Climate Change Investing Specialist, and developed more than 50 “Sustainable and Impact Investing Experts” across the firm. Together, this has allowed us to ingrain and scale efforts into our core business offering.

How do you intend to sustain your standards and take things to a higher level?

As Glenmede positions itself for the next chapter of sustainable and impact investing in 2025 and beyond, we have asked ourselves a key question: how do we ensure we are integrating emerging research, continuing to build out thematic and high impact investment strategies, and offering superior tools for our clients to measure their impact in practice?

We believe in the power of partnerships to help us answer this question. We plan to continue to leverage our Sustainable Investing Advisory Council, comprised of industry-leading experts across academia, law, foundations, and institutional investing, as well as partnerships with NYU’s Center for Sustainable Business, MIT Solve, and Wharton’s ESG Initiative to help us best position in what is a fast-evolving marketplace.

What does this award mean for you and your clients?

Our north star across everything we do is to enhance our ability to help individuals and families achieve their goals. This award presents significant market recognition for our approach and offers us a greater amplification to do so in practice. We are excited to have the opportunity to connect with/support new audiences, please do not hesitate to reach out.

Guernsey: An island bolstering sustainable finance innovation

What does your jurisdiction do to push forward ESG and sustainable investing?

Stephanie Glover Strategy and Sustainable Finance Director Guernsey Finance

• Communication Strategy or Thought Leadership (Europe) Winner

Finance supports various work programmes including their annual assessment programme and biodiversity working group.

Guernsey is home to two of the world’s first regulated sustainable fund regimes, the Guernsey Green Fund (GGF) and the Natural Capital Fund (NCF) designations, which follow international criteria such as the Global Biodiversity Framework agreed in the Kunming-Montreal COP and manage more than £5 billion in Net Asset Value. These regimes not only give fund managers access to trusted sustainability credentials in a market teeming with evolving regulations, but also give investors’ confidence that their investments align with internationally agreed goals of mitigating climate change.

Orlando Hilton, Managing Director at Resonance Asset Management, an early adopter of the GGF regime, said: “The Guernsey Green Fund regime makes sure that investors can be confident we're not greenwashing It lends credibility, and affords trust to the fund.”

In terms of thought leadership, Guernsey Finance produces the Sustainable Finance Guernsey podcast, inviting leading speakers to discuss the latest challenges and opportunities within sustainable finance, with speakers ranging from Steve Backshall to the United Nations, to J.P. Morgan.

How do you intend to maintain your standards and take things to a higher level?

In September 2023, I travelled to Dublin to attend the United Nations Financial Centres for Sustainability Annual General Meeting and signed the UN Gender Charter, confirming Guernsey Finance’s commitment to both sustainability and gender equality.

Guernsey works with international partners to support global development of sustainable finance including being a founding member of United Nations Development Programme Financial Centres for Sustainability (UNDP FC4S) Europe. As members, Guernsey

How did the professionals in Guernsey work to make this achievement possible?

Professionals in Guernsey are constantly driving to innovate the island’s sustainable finance offering to meet the needs of the market. In October 2023, a ground-breaking risk transfer mechanism to transform disaster response was launched using a Guernsey SPV, allowing the Red Cross to potentially reach an additional six million vulnerable people each year.

What are the main issues in ESG investing that you think are most likely to take your attention in the next few years?

I was fortunate enough to attend last year’s COP28 conference in Dubai; while much of the focus was predominately on sustainable finance regulations, more than 160 nations made declarations on sustainable agriculture, resilient food systems, and climate action.

With corporations and countries now experiencing climate impacts first-hand, adaptation financing presents a massive potential opportunity as so much growth is needed to meet the necessary changes. There is still a growing appetite for more bankable projects in the adaptation and transition finance spaces.

As the world continues to evolve, it is essential for financial centres to use their expertise to contribute positively to the challenges and opportunities presented by climate change. We are proud that we continue to innovate and position Guernsey as a leading international finance centre committed to using our expertise for good.

Guernsey Finance, a joint government and industry initiative, promotes Guernsey as a leading international finance centre, focusing on sustainable finance under the arm 'Sustainable Finance Guernsey,' which is supported by the Sustainable Finance Guernsey Council.

InfoGrate

DEEP SPECIALISTS IN FAMILY OFFICE TECHNOLOGY.

Providing operations and technology services to organizations that advise, manage, and support ultra-high net worth clients, whether it be a Single Family Office, Multi Family Office, Private Trust, or Bank's Family.

Applications & Implemenation

Integration & Master Data

Operations & Conversions

Security & Serverless

InfoGrate’s core offerings include Retained CTO, Application and Integration Maintenance Oversight, and Development and Configuration. Unlike traditional consultants who charge by the hour, we always work on a fixed bid or retainer basis. We are a tight family team and have been together for over three decades.

InfoGrate. We fill in the gaps and connect business, applications, and infrastructure.

How Infogrates Innovative Approach Is Reshaping The Industry

What does your firm do to push forward ESG and sustainable investing that is different from its peers?

As we are technologists that service family offices, we often work with their foundations, or even directly with their for-profit (but impact-aware) assets. We support their ESG and sustainable investing by providing due diligence, best in-class tools, operational standards, and the ability to measure the impact within their portfolio and on their specific missions via KPIs.

We work with our family offices to implement the technology that communicates how their portfolio aligns with their mission and principles.

Additionally, our clients are making an impact when they hire us: InfoGrate is a female-owned business with a diverse employee population (90% female and/or non-white). This is not by design but because these are the right people for the job, and we believe our diversity makes us strong. From gender to location to religion to politics, each InfoGrate employee brings a unique perspective and set of skills. The singular ethos that unites us all is that we are values-driven, from the way we communicate with clients to our goals-based (and not hours-based) contracts and projects.

To reach the award-winning level, what obstacle did you have to overcome and what lessons did you learn?

Our clients’ primary obstacle is answering the big “what if” question: What if they had not made the change to their portfolio and how to articulate the consequence if they had chosen something that is not in alignment with their ESG investment principles: Through technology, we help our family offices to compare and contrast in these “what if” scenarios, as well as leverage technology to convey these comparisons and measurements to the family members.

Tania Neild Founder and CTO InfoGrate, Inc.

• Implementation of a Technology Solution (Americas) Winner

How do you intend to sustain your standards and take things to a higher level?

Our clients are mission-oriented and generally forward thinking. We intend to support our clients in sustaining their high standards through technology, whether it be a platform the family office can use to communicate investment reports with the family or software to track KPI’s.

How did the team of colleagues work to make this achievement possible?

Through technology, we understand communication is key: it is important to communicate with our clients about what is possible, as well as the best way to conceive those thoughts.

What are the main issues in ESG investing that you think are most likely to take your attention in the next few years?

For us, the main issue in ESG investing that we foresee is related to direct impact versus indirect impact. For example, there is a difference in impact if a client does something direct like setting up a solar company: the positive impact is measurable and easy to see. In contrast, investing in traditional assets (such as stock in an EV company) creates a scenario where results are somewhat more difficult to measure/reconcile (e.g., EV’s have a positive impact on the environment but their battery waste does not). With alternative investments, impact becomes even more obfuscated as there is even less transparency in alts as an asset class.

In what ways will receiving this award make a difference to you, your team, and clients?

We are inspired to see our clients' missions become a reality as it is not often that technologists are able to be part of that process. We appreciate their mission and work with them to leverage technology to communicate their impact.

www.lgt.com

Collaboration Fosters Innovation

LGT Private Banking is a leading international private banking and asset management group owned by the Princely Family of Liechtenstein. Christopher Greenwald, Head Sustainable Investing Europe, discusses how LGT combines innovation with sustainable thinking and explains the importance of stewardship in moving towards a more sustainable future.

What is your firm doing differently from its peers to promote ESG and sustainable investing?

At LGT, our key differentiator is our owner's belief in the importance of sustainable investing, backed by a clear commitment from our senior management team to drive continuous innovation. We are convinced that investing sustainably benefits not only the environment and society, but also our clients.

This commitment is most clearly demonstrated through the launch of a new share class of the “Princely Strategy”, our largest multi-asset strategy for clients, which purchases high quality carbon credits to address the current CO2 emissions of the strategy. Building on the strategy's comprehensive decarbonisation approach, the Princely Family has committed to moving a significant portion of its investment into this new share class. This not only sets a positive example for other clients to follow, but also establishes the new share class as the largest strategy on the market today that is clearly linked to carbon credits.

LGT’s co-investment philosophy has driven many of our key innovations in sustainable investing. This comprehensive co-investment approach driving sustainability innovation is completely unique in the financial marketplace today.

Christopher Greenwald Head Sustainable Investing Europe

LGT Private Banking

Winner

• Philanthropy Service Offering (Global Reach)

• ESG Investing (Global Reach)

How do you intend to sustain your standards and take things to a higher level?

We are fortunate to have many talented sustainability experts within LGT, and the best way to continually foster innovation is through collaboration across teams. In Switzerland, we recently won a major institutional mandate. The two-year Request for Proposal (RfP) process that led to this success brought together many of the frameworks and solutions that emerged from a concurrent “net zero in investments” project. By working across teams, LGT leverages in-house expertise to solve some of the most pressing challenges of sustainable investing.

What issues in ESG investing are most likely to absorb your attention in the next few years?

There is an increasing industry focus on complementing best-inclass approaches with “transition” strategies investing in companies that provide the products and solutions needed for the energy transition. It will be increasingly important to support these strategies with credible stewardship efforts – voting and engagement – to ensure that companies are focused on channeling capital into the solutions needed to address the key sustainability issues of our time.

In what ways does receiving this award make a difference to you, your team, and clients?

Ultimately, these awards reflect the sustainability convictions of our owners, management and employees. We are constantly expanding our sustainability offering and breaking new ground. I am convinced that it is precisely these innovations that inspire existing clients to invest more sustainably and potential clients interested in sustainability to choose LGT as their trusted financial partner.

Proud winner of the Philanthropy Offering (UK) Trust & Fiduciary Award

Ludlow Trust is a specialist UK trust services provider with the unique capability to bring family and charitable trusts under one roof.

Established in 2020 to initially acquire and manage the UK trust business of Coutts and the NatWest Group and recently growing with the acquisition of the UK trust business of C Hoare & Co, the company is managed and owned by an exceptionally experienced team.

For decades our trust managers have specialised in assisting clients in meeting their philanthropic aims, enabling and supporting clients in making an impact in the charitable areas that mean the most to them, and engaging all trustees and, where appropriate, their families in the philanthropic journey.

Our professional, dedicated and highly qualified team have a deep understanding of navigating the trust landscape, including being well equipped to work with

wealth managers, lawyers, tax advisors and other professionals to deliver an outstanding experience for our clients.

Our breadth of experience in family trusts also means we understand the personal and technical issues that can arise in navigating the funding of our clients’ children’s future and can work with them to ensure their objectives are met simply and in accordance with the legal requirements.

At Ludlow, we complement the trust administration services with advice on wills and LPAs focussed on HNW and UHNW clients and their families as well as providing tax and accountancy services through our team at Charter Tax, our sister company.

Breaking Barriers, Building Trust: Ludlow Trust's Journey To Excellence And Innovation

To reach the award-winning level, what obstacle did you have to overcome and what lessons did you learn?

Ludlow Trust Company is still a relatively new company, founded in 2021, but with serious ambitions, especially in the philanthropy sector. As a new company, we needed to overcome the big obstacle of being an unknown to be able to demonstrate our credentials to our clients and our growing number of partners in the financial industry. The key has been to ensure that we deliver on our promises to both our clients and partners and to focus on areas where we can really make a difference.

How do you intend to sustain your standards and take things to a higher level?

We have ambitious plans to continue to grow our philanthropy proposition with a focus on methods of funding, sharing of best practices and measuring impact of our clients’ grants, whilst never losing sight of our core value of outstanding client service.

We intend to continue to invest in technology and our people to bring the best results to our clients’ fingertips whilst finding new and innovative ways to support their grant-making experience.

Chris Thurlow Managing Director Ludlow Trust

• Philanthropy Offering (UK) Winner

How did the team of colleagues work to make this achievement possible?

We have an exceptionally strong team of client facing Trust Managers backed up by a strong support team, ensuring consistent delivery of top quality trust services to clients.

This is fully complemented through the additional knowledge and guidance of our Director of Philanthropy, Monica Brown, who brings her wealth of experience in the grant-making sector to provide advice and guidance to clients on their philanthropic strategy, as well as engaging the next generation, to ensure a fully rounded service available to our clients.

The combination of the experience of our Trust Managers and Monica’s background have allowed us to implement our Funding Enquiry Gateway, the unique tool for matching charities looking for funding with grant-makers looking for the best opportunities to make an impact. We are delighted that we have already received over 6,000 applications from charities since the Gateway’s launch in September 2023, with significant positive matches for our clients.

In what ways will receiving this award make a difference to you, your team, and clients?

We are delighted to receive this award as it demonstrates that the hard work of the team in our objective of being the trust provider of choice is recognised. We are immensely proud of how far we have come and our trajectory going forwards. For our clients, it is confirmation that they are in safe hands, with a trustworthy brand that is recognised as one of the best in the industry.

YOUR PHILANTHROPY MADE EASY EASY EASY EASY

Our flexible, personable and bespoke service makes it easier for individuals, groups and foundations to make significant tax effective gifts to causes around the world.

Through our Donor Advised Fund you can have your ‘Own Name’ Foundation.

Our Collective Fund model allows individuals or groups wanting to actively fundraise for their causes to operate under Prism’s auspices.

As experts in administration for philanthropy, we let you concentrate on your giving with the peace of mind that all the financial administration, compliance and due diligence is taken care of.

Together, we are increasing the flow of funds into the charitable sector, creating significant impact to causes globally.

Shaping A Sustainable Future: How Prisms Innovative Approach To ESG Investing Sets Them Apart

Anna Josse Founder Prism the Gift Fund

What does your firm do to push forward ESG and sustainable investing that is different from its peers?

Prism the Gift Fund (Prism) is a UK registered charity. Prim’s mission is to increase the flow of funds into the charity sector. Through our Donor Advised Fund (DAF) service we administer the giving of individuals, families, companies and groups who are donating significantly to charities and not-for-profits globally. At the end of Prism’s last financial year (year end June 2023) Prism had a donation income of £115m and distributed nearly £70m globally. Prism’s distributions and investment portfolios are donor-led and cause agnostic. Therefore, the organisation is flexible and can distribute funds to any cause, anywhere in the world, as long as they are within the charitable objectives set by the UK Charity Commission. Likewise, our client’s DAF balances can be invested, which means they can suggest ESG focused investors or portfolios.

As well as donating to a variety of environmental and climate change charities in the UK and overseas on behalf of DAF clients, Prism oversees a number of Collective Funds (CF) working in this

• Outstanding

Contribution to Wealth for Good Initiatives (Europe) Winner

space. Prism’s CF model, unique in the sector, was created as a flexible and efficient alternative to setting up an operational charity. Prism acts as the back office administrative arm, managing compliance, governance and due diligence, whilst the founders of the CF can focus on the fundraising and charitable activities. Whether they are working to empower Indigenous leaders, facilitating carbon sequestration through reforestation, or building awareness and fighting for climate justice, Prism’s Collective Funds are playing a pivotal role in the transition toward a sustainable future.

To reach the award-winning level, what obstacle did you have to overcome and what lessons did you learn?

Building a brand from scratch and creating a new concept takes time. It requires patience, resilience, and lots of “no’s”. I always tell people when they are out there building businesses or trying to raise funds there is no magic wand. It’s called perseverance and not to take rejection too personally. It also takes years – it doesn’t happen overnight. I believe understanding the competition and having a growing competitive environment is helpful as it shows there is a need for the product. Hiring the right people is also challenging and events such as Brexit, Covid and war create other challenges too.

In what ways will receiving this award make a difference to you, your team, and clients?

Receiving this award will showcase Prism as a leader in the Donor Advised Fund market and will illustrate to both Prism’s donors and private client intermediaries the impact and strength of the operation. The hope is that it will also encourage more conversations around philanthropy between advisers and their clients demonstrating the different models that exist to support client philanthropy and showcase DAF’s as a time, cost and tax-efficient giving vehicle.

Discover an award-winning world of privileges with QNB First.

Winner of the “Wealth for Good Awards 2024”, QNB First welcomes you to its world of privileges. Free fast track and lounge access, discounts on premium airport transfers, your personal Private Banking relationship manager—now you can manage them all in one app.

We Shape The Future With Our 'Dunyayla1' Sustainability Strategy

What does your firm do to push forward ESG and sustainable investing that is different from its peers?

At QNB Finansbank, we believe that a sustainable future depends on being one with the world, and we define our sustainability strategy, "Dünyayla1", as a journey of transformation. On this journey, we aim to lead the transformation by starting with ourselves and to be a part of our customers’ transformation journey. Within the framework of our Sustainable Finance and Product Framework, prepared in accordance with international standards, we partner with our customers on their green transformation journey through pioneering products such as Self-Consumption based Unlicensed SPP Financing, Renewable Energy and Energy Efficiency Financing, and Environmentally Friendly Housing, Vehicle, and Personal Loans. As QNB Finansbank Private Banking, we offer more sustainable and efficient solutions to our customers, particularly by expanding our digital banking services.

How do you intend to sustain your standards and take things to a higher level?

At QNB Finansbank, while offering our Private Banking services through our mobile application, we ensure that our customers can easily access banking and upper-income segment privileges thanks to the ease of use, accessibility, speed and simple, understandable interface of the application.

To maintain and elevate standards, we adopt innovative strategies. First and foremost, we highly value customer feedback and take continuous steps to improve our service quality based on this input. We proceed with digital approvals from our customers for most of the banking services through mobile application. With our paperless banking approach, we encourage our customers to go digital as much as possible. In the QNB First Mobile Application, we regularly implement updates and improvements to meet customer needs and expectations. By effectively utilising technology, we

Enis Kurtoğlu Executive Vice President QNB Finansbank

• Use of Technology - Client Experience (Europe) Winner

provide faster and more efficient access not only to banking transactions but also to banking privileges.

We are investing in sustainable technologies to increase the energy efficiency of our digital banking services and minimise their environmental impact. This approach allows us to provide more environmentally friendly and sustainable solutions to our customers while improving our operational efficiency.

Through the QNB First mobile application, we have undertaken various efforts to perfect the customer experience. In addition to traditional banking services, we provide our private banking customers with services and collaborations that make them feel privileged with QNB.

What are the main issues in ESG investing that you think are most likely to take your attention in the next few years?

Our main focus areas include digital transformation, sustainability and equal opportunities. In the coming period, we will invest more in digital transformation projects to offer our customers sustainable and efficient solutions. In terms of equal opportunity and social justice, we will continue to expand our efforts in diversity and equality and integrate them into our business practices.

In what ways will receiving this award make a difference to you, your team, and clients?

Receiving this award will motivate our team to reach even greater goals in the field of technology and strengthen our spirit of collaboration. For our customers, it will demonstrate the value of our support and innovative solutions in their digital transformation journeys. Additionally, this award will attract the attention of more customers and stakeholders, enabling us to spread awareness of digital transformation, and showcase our technological achievements to a wider audience.

Astute financial advice to help protect your future

At RBC we believe in the power of ideas to drive positive change and shape the future. We aim to inspire and empower our clients and communities to make their ideas a reality.

Not all investments services are suitable for all investors. If you have any questions regarding the services mentioned please speak to a financial advisor.

Helping Clients Thrive And Communities Prosper

RBC’s vision is to help clients thrive and communities prosper and this philosophy is reflected in all our practices and offerings. We hold a long history and strong reputation for prudent governance and environmental leadership. Our clients have the assurance of knowing we have one of the highest quality balance sheets, a strong liquidity position, and an active approach to managing risk.

Our success as a company is defined by the long-term wellbeing of the people we serve, the places we operate in and the planet we’ll leave behind for future generations. As a purpose-driven organisation, we hold a responsibility to help create positive social and economic impact within our communities.

“At RBC, how we do business is as important as what we do. A purpose driven approach is fundamental to RBC's success and integral in helping clients thrive and communities prosper. It underpins our license to operate, and ensuring a sustainable, inclusive, and healthy economy in the communities we serve is fundamental to our performance. ESG is becoming a core part of the value proposition for clients and shareholders when making capital allocation decisions and is increasingly important in attracting and retaining talent.”

David Storm Chief Investment Officer RBC Wealth Management (Europe & Asia)

Winner

• Sustainable Investment Offering (Europe)

Our sustainable investing framework

The key principles of our sustainable investing framework are: avoiding harm, mitigating risk, business practices and contributing to solutions.

Their purpose is to ensure that we have a repeatable framework for evaluating sustainable investments. The framework looks beyond labels such as ‘ethical’, ‘responsible’ or ‘sustainable’ and identifies what the investment is truly designed to achieve. It distinguishes the products that meet our expectations of what a sustainable investment should be, from those which fall short.

Sustainability is integrated across all portfolios. It’s not only covered in a dedicated ESG offering but is integrated as part of fund manager due diligence and the holistic assessments of specific trades. When considering any change to portfolios, Sustainability Impact Opinions form an integral part of the decision-making process.

Rather than using traditional opaque ESG ratings, we’re implementing a propriety model for evaluating the ESG quality of issuers. This model allows us to trace any final ESG quality rating directly back to the raw data that has a material impact on financial performance, reducing the risk of greenwashing. We use ESG research to enhance the decision-making process with these additional extra-financial factors, rather than using them as a substitute or determining factor. The focus is financial materiality of ESG factors – not how companies affect the world.

Many of our clients own a combination of third-party funds and direct equities. As a responsible investor, we believe stewardship must include responsible allocation, management, and oversight of capital to create long-term value for clients and beneficiaries. This leads to sustainable benefits for the economy, the environment, and society.

•

•

•

•

• mergers

•

• fundraising

•

•

•

•

• intellectual property

• protecting your brand and reputation

• resolving disputes

• legacies

• social investment

• collaborations and partnerships

• international projects

• grant making

• setting up a corporate foundation

• making large gifts

Advising At All Stages In The Philanthropy Life-Cycle

Russell-Cooke provides legal advice to organisations and individuals at all points of their philanthropic journey. Pur charity team establishes tax-efficient structures to allow philanthropists to focus on impactful giving, and subsequently help clients to navigate the legal and regulatory landscape including by ensuring ongoing compliance, drafting policies to maximise the efficacy of philanthropic processes, and managing issues that might detract from their mission or inhibit further giving.

How do you intend to sustain your standards and take things to a higher level?

The team sustains its standards by encouraging its lawyers to live the firm’s values. As well as being top-quality advisors, the charity team’s lawyers are well-rounded charity practitioners deeply rooted in the third sector: between our team of 15 lawyers, we have held 16 trustee or committee positions in charities and not-forprofits in the last year. This means our lawyers have a deep understanding of charity governance and operations and are able to spot when issues might arise.

We are working to elevate our offering by broadening our reach within the philanthropic world: while we act on many high value instructions, we provide the same level of service to those who give back to their communities via philanthropic volunteering hubs, the sharing of knowledge and experience, or initial gifts in the low £1,000s. By providing high-quality, tailored advice to philanthropists of all kinds we will take our understanding of the sector and those who operate within it to even greater heights.

Pippa Garland Partner Russell-Cooke

How did the team of colleagues work to make this achievement possible?

Russell-Cooke’s charity team comprises highly experienced charity lawyers within a number of specialist legal areas, which enables us to undertake complex work under one roof. Having charity property, employment, and data protection experts within the charity team itself means we frequently and easily come together to collaborate on providing truly integrated advice. Where needed, the team also draws from the huge breadth of technical excellence from across the firm, including from our Family Office team, and leverage our connections across the philanthropy adviser space to ensure that clients receive proportional and practical advice.

Who and what inspires you?

Our clients and the incredible charitable work they advance are a constant source of inspiration. Philanthropists demonstrate that success is not merely measured by wealth creation and profiteering, but also by the difference one can make in society and the lives of others. Using our legal expertise to empower people and organisations to maximise their impact is a privilege and it is gratifying to witness the tangible outcomes of our advice, whether it's through enabling educational initiatives, supporting healthcare advancements, or promoting environmental sustainability. We are frequently reminded by our clients of the profound impact that thoughtful, strategic philanthropy can achieve, and reinforces the importance of using our skills to support and amplify the good in the world.

Our Distinctive Approach To ESG And Impact Investing

Jason Lai CEO

Schroders Wealth Management

What does your firm do to push forward ESG and sustainable investing that is different from its peers?

Our commitment in sustainability can be seen in the investments we have made over the years. Schroders group hired our first dedicated ESG resource in 1998 and we have continued to invest in developing proprietary research, models and tools to gain insights into social and environmental investment factors. Sustainex, our proprietary platform, won an award for Most Innovative ESG Product at ESG Investment Awards 2021. We have also built a team of sustainability analysts to help us develop views on sustainability issues.

To strengthen our capabilities in impact investing, Schroders Group acquired a majority stake in BlueOrchard, a pioneer in microfinance and impact investing, and also Greencoat Capital, one of Europe's largest investment managers dedicated to the high-growth renewable infrastructure market. These acquisitions are enhancing our expertise in driving positive social and environmental impact. On the engagement front, we set out an engagement blueprint for both listed and private assets. To support our work with clients, we recently commissioned the Impact Investing Institute to publish an impact investing guide specifically targeted at family offices.

How did the team of colleagues work to make this achievement possible?

We nurture a culture which attracts and retains high-performing individuals who are passionate about delivering the best outcomes for clients - and work as one team to do so. This is crucial for a business like ours, in which we aim to build lasting relationships of trust and be by the side of our clients now, and for generations to come. Colleagues - and the client focus of our team in Asia - have been fundamental to the success of our organisation.

What are the main issues in ESG investing that you think are most likely to take your attention in the next few years?

The key issue for us is the slow pace of change, especially in addressing climate risk. Over 80% of global GDP is represented by governments committed to decarbonizing their economies. Capital will be withdrawn from polluting sectors and reinvested in accelerating the transition, requiring triple the clean energy investment by 2030. Asset managers play a vital role in this reallocation.

Schroders, as a founding signatory to the Net Zero Asset Managers initiative, aims to achieve net-zero greenhouse gas emissions by 2050 or sooner. Our Climate Transition Action Plan outlines transitioning 100% of discretionary assets to be net-zero aligned by 2050. Schroders will engage with companies and asset managers to support decarbonisation goals. Clients, including charities, foundations, and private clients, want to decarbonize and grow wealth sustainably. We will expand climate-focused products in listed and private markets to meet their needs.

In what ways will receiving this award make a difference to you, your team, and clients?

It is an honour to have been again endorsed by our Asian wealth management peers, as they continue to recognise our efforts in building a “buy-side” wealth business that is client-focused, institutional-quality and innovative with a unique proposition. This award reaffirms our position of leadership in a fast growing Asian IAM industry. We hope it encourages both clients and wealth management professionals to consider our alternative proposition, as we look to scale our businesses in Asia.

Empowering Inclusivity: Spring's Mission To Revolutionise Wealth Management

We are delighted to win 3 awards this year! The WealthBriefing Wealth For Good Awards are fantastic accolade to receive! It provides us with the ability to showcase our awards to a wider audience and distinguishes us from our competitors and increases our visibility. These accolades serve as gratefully received external validations of our efforts in achieving our goals, which was to give everyone the opportunity to invest, and for us to contribute positively to the community. Importantly, the award recognition is very valuable to us personally. We have created an offering to appeal to all generations. Our goal is to offer a service where everyone has the opportunity to access cutting-edge, technology led investment management that’s presented jargon free at low-cost and without barriers to entry.

Where in the world do you operate – are you mainly a domestic player or international?

As a Jersey-based investment firm, we operate with a dual focus on both domestic and international markets. Locally, we leverage our expertise within the Jersey financial sector, presenting Channel Island residents with an investment solution that works for all investment sizes and is tax-efficient for a broad range of investors. Our international approach involves strategic expansion beyond Jersey's borders, to this end we are also pursuing an FCA license allowing us to expand our operation into the UK and focus on a number of strategic partnerships currently in the pipeline. Spring already have a strong European and UAE client and contact base with ambitions to grow this exponentially. This is why the win in the MENA & European categories means to much to us.

Simon O'Donoghue - CEO Spring Investment Management

Winner

• Investment Performance (MENA)

• NextGen Support (Europe)

• Use of Technology - Client Experience (Europe)

What are your ambitions for the business?

Our mission is clear: to give everyone the opportunity to invest and provide all our clients with exceptional risk-adjusted returns through state-of-the-art technology. We take pride in our current success and remain committed to continuous improvement in both investment performance and technology. Our focus is on evolving and expanding our proposition. By further developing our technology and process, we aim to deliver a seamless experience for our clients, ensuring that they receive the best possible results with friction free onboarding, cost efficiencies and transparent reporting from start to finish. We appreciate the trust placed in us and will continue to refine our approach to enhance client satisfaction and deliver outstanding value.

If there is one thing you would like to change about the wealth management industry, what would it be?

The topic of this question is exactly why we created Spring and if there's one transformation Spring would wish for in the wealth management industry, it would be in fostering greater inclusivity. We want to dismantle barriers that often limit access, welcoming a more diverse range of participants into the financial market. Everyone should have the ability to participate in securing a better financial future for themselves and yet historically this wasn’t always an option. Solutions available to the non-wealthy were often opaque with a multitude of hidden fees and little to no reporting. We wanted to level the playing field, we strive to simplify complex jargon and have designed a user-friendly platform that empowers individuals from all backgrounds. We prioritise education in our marketing, so we can bridge knowledge gaps and ensure that wealth-building opportunities are accessible to everyone.

Decarbonisation

Decarbonisation and the drive to net zero a�ect every person and every business. With this transition comes both opportunities and challenges. Our cross-practice international team of lawyers helps clients navigate potential pitfalls to make the most of opportunities no matter where they are on their journey.

We have aligned ourselves to three pillars of operations, guided by international climate standards, that we believe can help our clients toward achieving net zero:

Energy Transportation and trade

The built and natural environments.

Take a look around our decarbonisation hub to �nd out more about how we could help by scanning the QR code below.

O�ces

Dubai | Hong Kong | London | Paris

Piraeus | Seoul | Shanghai | Singapore

Associated O�ces

Bucharest | Guangzhou | Jakarta

www.shlegal.com

Wealth and business as force for good

What does your firm do to push forward ESG and sustainable investing that is different from its peers?

As a firm with a strong track record in private wealth, investment funds and finance, and a focus on diversity and inclusion (D&I) and corporate social responsibility (CSR), Stephenson Harwood is well placed to take a lead in supporting clients on a journey of impact and sustainability. The firm's experience in the shipping and energy industries has enabled it to establish a strong foundation in decarbonisation, a core practice area for the firm since 2022, and build and push cross-sector sustainability discussions rooted in actual industry needs. For example, when we held the first Stephenson Harwood Maritime Decarbonisation Forum in Hong Kong last summer, it brought together our maritime clients, leading sustainability professionals in the field, policy makers and our CSR and pro bono partners working on clean ocean strategy in one room. This holistic approach and capability is unique in the market.

To reach the award-winning level, what obstacle did you have to overcome and what lessons did you learn?

I used to work in NGOs and international development, but in 2017 I had the privilege of working with a family office that is a pioneer in impact investing in Asia, which started my journey exploring the spectrum of using wealth for good beyond philanthropy and grants. ESG and sustainability were not such hot topics back then; regulations were just at an early stage. Conviction, patience, finding peers to work with, understanding that everyone starts somewhere different and how to bring people along have been some of the key lessons I have learned.

How did the team of colleagues work to make this achievement possible?

It has absolutely taken a 'village' of colleagues to make this possible! Without several partners at Stephenson Harwood who really believed in the need to teach and advise clients on sustainability

Tze-wei Ng Solicitor, Private Wealth Stephenson Harwood

• Outstanding Contribution to Wealth for Good Initiatives (APAC)

issues, especially funds partner Penelope Shen, my supervising partner Kevin Lee, and the rest of the private wealth team who have supported me in developing impact investing and strategic philanthropy as practice focus, and also the expertise and unwavering support from colleagues across D&I, pro bono, learning and development and business development, it would have been hard to push for the space to explore ESG and impact investing as a worthy cause and business case both within and outside the firm.

What are the main issues in ESG investing that you think are most likely to take your attention in the next few years?

As the global economy slows down after the pandemic, and with growing concerns around greenwashing, there may be hesitation for investors to engage in more ESG and impact investing.

However, we have solutions in the form of ongoing improvement of impact management and measurement technology and frameworks, and more robust disclosure standards and regulations. With improved data and innovations in technology, we will also be able to better 'price' biodiversity and other important aspects of sustainable growth beyond carbon.

As sustainability-minded advisors, our understanding of the 'details', of how ESG is relevant to specific industries and clients, will be increasingly critical.

Ultimately it is also about how investors must consider carefully where they want to put their money, and how we, as advisers, can be innovative and achieve sustainability outcomes (or avoid negative impact on people and the planet) while making a financial return. It is about redefining 'investment return', which is already happening, especially with the next generation of wealth owners and consumers.

Who and what inspires you?

Jane Goodall, and many others who keep working on causes they believe in and bringing people along, whether it is mitigating climate change or improving our workplace.

In Any Family Business, Emotion Is A Vital Currency

Igrew up in a family-owned business. Looking back, I was privileged. It gave me a unique perspective into the family dynamics that exist in such an environment. I wasn’t only exposed to my family’s environment, however, but to the unique emotional universes’ families of other privately-owned businesses with their unique emotional universes. That exposure informs my approach to family business today.

Many children of entrepreneurs seek entrepreneurship themselves. Through opportunity and circumstance, my life took a different turn, and I ended up in finance. It was partially an active decision that I did not want to be in the family business. I mustered the courage to tell my father, and he had the wisdom to allow me to go and find my way.

What came next was a 26-year career in the global financial sector, with two decades with JP Morgan, including the creation of the firm’s Family Office Solutions Unit. After working closely with high-net worth investors and family offices, I decided in 2019 to leave that world and create something new. That’s where my upbringing impacted my future. I realised that many advisors focused on family business owners and family offices. However, in almost every case, their primary concern was either money management or tax and estate planning. No one focused on the emotional side of the enterprise.

My approach was White Knight Consulting, which carved out a niche serving a sector that had never been addressed serving and was rife with stigma. One of my biggest challenges in my chosen niche was explaining to people the benefit that such counsel can bring them and their families. They often suffered the emotional hurdles of family business but didn’t consider that maybe, their emotions were not being accepted. They could be addressed.

Samy Dwek CEO

The Family Office Doctor LLC

Winner

• Philanthropy Consultancy (Americas)

It was following an interview with WealthBriefing's Group Editor Tom Burroughes, where he coined me “The Family Office Doctor”, that I rebranded my business to address head-on the concept of a practitioner helping diagnose and treat the emotional ills of today’s family business.

So, how does one help a family deal with emotions? To be clear, I am not a medical professional nor a social worker. Yet, I am the married father of adult children successful in their own careers, and I have brought calm guidance to many families who have faced emotional challenges.

As a practice, we work with families to improve their communications, whether through family meetings or through more frequent and honest correspondence.

We help them draft a family mission or value statement; craft the family governance documents; consult on the creation of a family office to align all members’ intentions with those of the matriarch and patriarch; as well as audit of the family office to ensure all is operating as planned.

Since the creation of my business, I have counseled families from the U.S. and throughout the Americas, including Mexico and Panama, to the U.K., France, Switzerland, Italy, Malta, Saudi Arabia and Bahrain.

Our approach is to collaborate with the families to find solutions in an unbiased, non-conflicted manner. When difficulties stem from a member’s mental health issues, we work to remove any stigma to work towards conflict resolution. Together, we build or rebuild bridges, help apply governance and guidance, and encourage a focus on a shared tomorrow.

TRIREC Leads Global Charge In Decarbonisation Investment And Innovation

For decades, scientific research has highlighted the urgent need for collective action to combat climate change. As our understanding of potential disruptions becomes clearer, the need for decisive action grows.

TRIREC, a Singapore-based venture capital firm, addresses global environmental challenges with a clear vision. Through strategic investments, TRIREC has achieved significant success, with three of its portfolio companies reaching unicorn status. The firm's 23 portfolio companies span transportation, mobility, food, agriculture, industrial, buildings, and energy sectors, driving transformative change. The upcoming launch of its third fund aims to further this transformation.

Selecting companies for investment at TRIREC blends art and science. The firm's investment strategy relies on research-driven insights and a holistic due diligence process that evaluates more than just decarbonisation impact. TRIREC's team conducts market landscape studies to identify emerging technologies and promising startups leading decarbonisation efforts, complemented by thorough technical, financial, strategic, and commercial analysis.

Beyond funding, TRIREC acts as a catalyst for ecosystem development. The firm builds partnerships with research institutions, industry leaders, and government entities to identify innovative solutions and help entrepreneurs scale globally.

TRIREC's global approach includes plans to expand in the US and Europe, home to dynamic startup and venture capital ecosystems. The firm has partnered with Innopower, Thailand’s leading energy transition company, to launch a joint-venture fund targeting growth-stage companies in five decarbonisation verticals. Additionally, TRIREC was chosen by a major European asset

Melvyn Yeo Founder and Managing Partner TRIREC

Winner

• Private Equity (PE) Fund (APAC)

• Thematic Fund (APAC)

• Thought Leadership (APAC)

management platform to manage an impact fund investing in Southeast Asian energy access technologies. In the APAC market, TRIREC's strategic partnership with a leading New Zealand seedstage deep-tech venture capital firm aims to unlock innovative opportunities. These initiatives underscore TRIREC's commitment to the decarbonisation agenda and the evolving environmental landscape.

These partnerships set TRIREC apart, with its network acting as a bridge to global partnerships and opportunities in previously inaccessible regions.

TRIREC’s ambition extends beyond financial investments; it aims to shape lives. The firm’s recent award validates its passion and dedication to fostering robust partnerships. Collectively, TRIREC is committed to making a positive impact on climate change, shaping a new world.

At TRIREC, entrepreneurial spirit, collaboration, integrity, and a relentless drive to succeed are core values. These values guide the firm's efforts to address global environmental challenges and make a lasting impact.

2024 WEALTH FOR GOOD AWARD WINNER

Veris Helps Clients Achieve Financial Goals While Aiming To Build A More

Just, Equitable, And

Sustainable World

Winner

• Internal, Diversity and Inclusion Program (Americas)

• Thought Leadership (Americas)

• CEO Pursuing Leadership in Wealth Management (Americas)

Veris is a financial advisory firm managing ~$2 billion AuM that helps families and foundations align their investments with their values, mission, and vision for the future. The firm won WealthBriefing Wealth For Good awards for: 'Internal, Diversity and Inclusion Program (Americas)' and 'Thought Leadership (Americas)'. Chief Executive Officer, Stephanie Cohn Rupp, won the award for 'CEO Pursuing Leadership in Wealth Management (Americas)'. *

Veris is a majority-women-led firm that has been building customized thematic portfolios with up to 100% focus on achieving positive social and environmental impact in the context of our clients’ financial goals since our firm was founded in 2007.

We operate based on our belief that investors can have a positive impact across asset classes. Our advisory team applies sustainable investing expertise across public and private markets.

We are committed to becoming more equitable, diverse, and inclusive (EDI) within our firm and helping to drive positive change across our industry. I am especially proud of our team’s work in the areas of racial equity investing and DEIB asset manager selection factors. We apply an EDI lens in manager selection and seek out race and gender-diverse managers who use a DEI lens in their investment process. In 2023, Veris published Investing in Diversity, Equity, Inclusion, and Belonging (DEIB) which shared our EDI Due Diligence framework that that seeks to identify fund managers that

are diverse at all levels, utilize an EDI lens in the investment process, focus on intentional investments in under-resourced communities, and work to dismantle obstacles to racial and gender equity through their policies and practices.

Our incredible team and I are honored to be recognised by WealthBriefing for our work and efforts to help grow the impact sector by advancing vital conversations in the investment industry. Of course, none of this would be possible without clients who want to align their investments with opportunities to make positive impacts.

Veris continues to be guided by our firm’s values, mission, and vision to create a more just, equitable, and sustainable world. We aim to inspire more investors to begin aligning their portfolios with their values, mission, and vision as well.

* The judges’ citation notes Veris won the Internal, Diversity and Inclusion award because the firm demonstrated “strong commitment to DEIB across all aspects of their firm and investment approach.” For Thought Leadership, the judging panel cited the firm’s “extensive and impactful thought leadership that advances the practice of equitable and impactful investing.” Regarding CEO Stephanie Cohn Rupp, Judges noted her “approach to impact investing was demonstrated to a very high level and is clearly aimed at supporting sustainable and regenerative ventures at a grass roots level, and across a diverse diversity and inclusion agenda.” No compensation was paid by Veris for these awards. The judges considered data that was current as of April of 2024.

Veris Wealth Partners

WINNER: EQ Investors

WINNER: EY

WINNER: FinServ Foundation

WINNER: FormInvest

The Third Annual WealthBriefing Wealth For Good Awards Winners 2024

(Global Reach)

Real impact Real change

Decide who you really want to help with a database of over 200,000 charities

Measuring, reporting and maximising impact of donors funds

Unique ratings to help identify charities that are making the most impact

Helping donors find highly effective charities that can't afford to spend millions on marketing

“The emerging discipline of Impact Measurement is slowly providing the tools and data to allow donors and charity managers to understand better what works best”

John Spiers, Chief Executive of The EQ Foundation

“Best thing I’ve ever seen in this field”

Andy

Cook, Chief Executive, CSJ & Founder of Twenty Twenty

“An Incredibly useful resource”

Emily Collins-Ellis, Managing Director at

I.G. Advisors

MULTI-FAMILY OFFICE CATEGORIES

Investment Offering (Global Reach)

NextGen Support (Global Reach)

Internal, Diversity and Inclusion Program (APAC)

Philanthropy Offering or Advice (Americas)

Philanthropy Offering or Advice (UK)

Communication Strategy or Thought Leadership (Europe)

Philanthropy Offering or Advice (APAC)

righttoplay.org.uk/donate-uk

PRIVATE ASSET MANAGEMENT CATEGORIES

CSR Strategy and Implementation (Americas)

Internal, Diversity and Inclusion Program (Global Reach)

Internal, Diversity and Inclusion Program (Americas)

Philanthropic Initiative (UK)

Investment Methodology (Global Reach)

Investment Methodology (Europe)

Investment Methodology (UK)

IM PA CT CA PITAL

Investment Performance (MENA)

Thought Leadership (UK)

Investment Performance (Global Reach)

NextGen Support (Europe)

Use of Technology – Client Experience (Europe)

Investment Performance (UK)

Thought Leadership (Americas)

CSR Strategy and Implementation (Global Reach)

Reporting Solution (Europe) TECHNOLOGY CATEGORIES

Data Solution (Global Reach)

Reporting Solution (Americas)

Reporting Solution (Global Reach)

Innovative Technology Solution (Global Reach)

Innovative Technology Solution (Americas)

Reporting Solution (UK)

Innovative Technology Solution (UK)

Newcomer (Americas)

Implementation of a Technology Solution (Americas)

Thought Leadership (Global Reach)

Private banks and wealth managers need 24/7 risk vigilance.

But with millions of news items from thousands of sources and in multiple languages generated daily, how can they be sure to receive need-to-know alerts rather than irrelevant noise?

smartKYC’s latest product, smartEYE, solves all of these problems.

Watches the world’s news and social media commentary in real-time, 24/7 to deliver precise risk alerts as soon as they are reported.

Carries out automated news analysis ensuring alerts are risk-classified according to your risk framework, are specific to your client, and contain new (rather than repeat) information.

Is truly multilingual so you can be as confident of your adverse media monitoring in languages such as Russian, Arabic or Chinese, as you are in English.

With smartEYE, private banks and wealth managers get risk-relevant, real-time alerts about their customers that allows them to act decisively and quickly. Compliance teams no longer have to wait for a periodic refresh cycle. Instead, they receive adverse media trigger events in the form of precise alerts, as that news breaks. smartEYE represents the ultimate solution for perpetual KYC risk monitoring. smartKYC proudly sponsors this awards ceremony and we congratulate all the winners!

Discover smartKYC’s latest product, smartEYE www.smartkyc.com/smarteye/

TRUST AND FIDUCIARY CATEGORIES

Philanthropic Initiative (Americas)

Communications Strategy (Americas)

Investment Advice or Service Provision (Americas)

Philanthropy Offering (UK)

Philanthropy Offering (Americas)

NextGen Support (Switzerland)

CONSULTANCY CATEGORIES

Philanthropic Initiative (Europe)

Philanthropy Consultancy (Americas)

Thought Leadership (Europe)

Consultancy (UK)

PUBLICATIONS

WealthBriefing is the leading subscription-based business intelligence service for the wealth management community, with the latest news, analysis and in-depth features from around the globe. WealthBriefing subscribers are part of an international community for whom staying abreast of the latest industry developments is a crucial part of their professional practice. Readers find our content on topics such as strategy, M&A, important people moves, investment management and asset allocation to be an essential resource in a fast-moving world.

The Asia-Pacific region’s meteoric rise as a major wealth management market has sparked huge demand for region-specific business information. WealthBriefingAsia was launched in 2009 to satisfy this growing information requirement, and it is the only wealth management news site focusing exclusively on the Asia-Pacific region. Providing indispensable news, features and industry views that are always relevant and concise, WealthBriefingAsia allows subscribers to conserve that most precious of all resources: time.

The North American wealth management market is one of the largest and most diverse in the world, and is markedly different from those in Europe and the Asia-Pacific region. Multi and single family offices in particular are a well-entrenched,integral part of the private wealth management landscape. Family Wealth Report provides need to know business intelligence in a convenient and easy-to-read format – straight to subscribers’ inboxes every day. Nowhere else will you find such high quality, in-depth and often exclusive content all in one place.

WEALTH MANAGEMENT AND PRIVATE CLIENT EVENTS AND AWARDS SERIES

A unique thought-leadership platform, WealthBriefing’s events foster intellectual debate on the challenges and opportunities facing the industry and are designed to be an optimal use of wealth managers’ precious time and present an excellent networking opportunity.

WealthBriefing has added to its offering for the global private banking and wealth management communities by running thirteen annual awards programmes for the family office, private banking, wealth management and private client communities. The awards programmes are focused around three main category groupings: experts (individuals and teams); products and services for wealth managers and clients, and institutions of all sizes and types

BESPOKE RESEARCH SERVICES

WealthBriefing has unrivalled access to the most senior wealth management professionals across the globe, meaning that our research reports represent guides to future best practice as much as being barometers of current industry trends.

Initiative or Program (Global Reach)

FOUNDATIONS AND TRUST CATEGORIES

Initiative or Program (Americas)

Thought Leadership (Americas)

PRIVATE BANKS CATEGORIES

CSR Strategy and Implementation (UK)

Philanthropic Initiative (Global Reach)

Internal, Diversity and Inclusion Program (UK)

Initiative or Program (UK)

Internal, Diversity and Inclusion Program (Americas)

(Global Reach)

Sustainable Investment Offering (MENA)

Investment Offering (UK)

Investing (Global Reach)

WINNER: Foundation Source

WINNER: Gregoire Mure - Trustconsult Group

WINNER: REYL

WINNER: Guernsey FInance

PRIVATE BANKS CATEGORIES - CONTINUED...

ESG Investing (Europe)

SRI Offering (MENA)

SRI Offering (Europe)

Philanthropy Service Offering (Global Reach)

Philanthropy Service Offering (UK)

Philanthropy Service Offering (Americas)

Thought Leadership (Global Reach)

Thought Leadership (Americas)

Use of Technology – Client Experience (Europe)

LEADERSHIP CATEGORIES

CEO Pursuing Leadership in Wealth Management (Europe)

CEO Pursuing Leadership in Wealth Management (Americas)

CEO Pursuing Leadership in Wealth Management (Switzerland

DAVID LOZANO LUCAS

STEPHANIE COHN RUPP

XAVIER ISAAC

WINNER: Ludlow Trust

WINNER: Prism the Gift Fund

WINNER: RBC Wealth Management

LEADERSHIP CATEGORIES

Outstanding Contribution to Wealth for Good Initiatives (Under 40’s) (Americas)

Outstanding Contribution to Wealth for Good Initiatives (Under 40’s) (Europe)

Outstanding Contribution to Wealth for Good Initiatives (Under 40’s) (UK)

Outstanding Contribution to Wealth for Good Initiatives (Americas)

Outstanding Contribution to Wealth for Good Initiatives (UK)

AGNEW

Female Executive Championing a Wealth for Good Strategy (UK)

R. HEISMAN

Outstanding Contribution to Wealth for Good Initiatives (APAC)

Outstanding Contribution to Wealth for Good Initiatives (Europe)

NG ANNA JOSSE

Female Executive Championing a Wealth for Good Strategy (Global Reach)

THORNE

Female Executive Championing a Wealth for Good Strategy (APAC)

MICHELLE CHOW

VALERIE GALINSKAYA

GRÉGOIRE MURE

KINA FRANKLIN

TZE-WEI

JULIET

CHARLOTTE

EILEEN

WINNER

CHARLIE FRENCH

SPONSOR: Global Returns Project

WINNER: WHEB Asset Management

BRING YOUR VISION TO LIFE

Barclays offers private and overseas banking, credit and investment solutions to its clients through Barclays Bank PLC and its subsidiary companies. Barclays Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (Financial Services Register No. 122702) and is a member of the London Stock Exchange and Aquis. Registered in England. Registered No. 1026167. Registered Office: 1 Churchill Place, London E14 5HP. Barclays Bank PLC, Jersey Branch has its principal business address in Jersey at 13 Library Place, St Helier, Jersey and is regulated by the Jersey Financial Services Commission. Barclays Bank PLC, Isle of Man Branch has its principal place of business at Eagle Court, 25 Circular Road, Douglas, Isle of Man and is licensed by the Isle of Man Financial Services Authority. Barclays Bank PLC, Guernsey Branch has its principal place of business at St Julian’s Court, St Julian’s Avenue, St Peter Port, Guernsey and is licensed by the Guernsey Financial Services Commission for Banking, Lending, Credit & Finance and Investment Business. Barclays Bank Ireland PLC, trading as Barclays and as Barclays Private Bank, is regulated by the Central Bank of Ireland. Registered in Ireland. Registered Office: One Molesworth Street, Dublin 2, Ireland, DO2 RF29. Registered Number: 396330. VAT Number: IE4524196D. Calls are recorded in line with our legal and regulatory obligations, and for quality and monitoring purposes. Barclays Bank (Suisse) SA is a Bank registered in Switzerland and regulated and supervised by FINMA. Registered No. CH-660.0.118.986-6. Registered Office: Chemin de Grange-Canal 18-20, P.O. Box 3941, 1211 Geneva 3, Switzerland. Registered branch: Beethovenstrasse 19, P.O. Box, 8027 Zurich. Registered VAT No. CHE-106.002.386. Barclays Bank (Suisse) SA is a subsidiary of Barclays Bank PLC. In the Principality of Monaco, Barclays Bank PLC operates through a branch which is duly authorised and falls under the dual supervision of the Monegasque regulator ‘Commission de Contrôle des Activités Financières’ (with regards to investment services) and the French regulator ‘Autorité de Contrôle Prudentiel et de Résolution’ (in respect of banking & credit services and prudential supervision). The registered office of Barclays Bank PLC Monaco branch is located at 31 avenue de La Costa, MC 98000 Monaco – Tel. + 377 93 15 35 35. Barclays Bank PLC Monaco branch is also registered with the Monaco Trade and Industry Registry under No. 68 S 01191. VAT No. FR 40 00002674 9. Barclays Bank PLC (DIFC Branch) (Registered No. 0060) is regulated by the Dubai Financial Services Authority. Barclays Bank PLC (DIFC Branch) may only undertake the financial services activities that fall within the scope of its existing DFSA licence. Principal place of business: Private Bank, Dubai International Financial Centre,