04 June 2010
The Australian Financial Review
The awards were shared around the big financial institutions at the 2010 Australian Private Banking Awards last night. The awards for the advisers to the very wealthy were at Sydney’s Doltone House in Pyrmont.
Former Qantas CEO boss Geoff Dixon took time out from his role in the planned repositioning of Global Aviation Asset Management to be one of the judges for the event.
Commonwealth Private won the award for the best institution dealing in the $1 million to $10 million category of clients.
As with the other category winners, the sums refer to investable assets, which are a person’s wealth excluding the value of the family home.
Australian and New Zealand Banking Group won the gong for the best in the $10 to $30 million asset category. Moving into the realm of the mega-wealthy, Macquarie Private Bank was the winner of the “ultra high net worth category,” for those with investable assets of more than $30 million.
Gary McMahon from Commonwealth Private took out the outstanding relationship manager and Catherine Robson from NAB Private Wealth won the investment adviser award.
On the guest list were the head of ANZ’s Private Bank in NSW, Justin Greiner, the global head of Standard Chartered Private Bank, Peter Flavel, head of Private Banking at Credit Suisse, Ray McGregor and the general manager of Westpac Private Bank, Jan Swinhoe.