Key Private Bank, the wealth management division of KeyCorp, was awarded for the best “Private Banking Client Service” and Key Family Wealth, the multifamily office division of Key Private Bank, was named “Best Outsourced CIO” at the Private Asset Management (PAM) Awards in New York City.
For more than two decades, the PAM Awards have recognized high performing firms and wealth advisors operating within the private asset management industry. An independent panel of industry experts evaluates both qualitative and quantitative performance indicators to select the winners.
Key Private Bank was selected for the best “Private Banking Client Service” from a shortlist of five private banking firms. The award recognizes industry-leading firms providing best-in-class services and innovative wealth management solutions to clients. This is the third time Key Private Bank has received an award for its client service.
Key Family Wealth was selected as “Best Outsourced CIO” from a shortlist of five OCIO providers. The award recognizes industry-leading firms providing best-in-class outsourced CIO capabilities and services to clients. An OCIO is an arrangement in which leading families or institutions engage a third party to manage all or a portion of their investment portfolio.
These awards highlight Key Private Bank’s commitment to delivering highly customized, best-in-class wealth management and financial planning solutions through exceptional client service in the high-net-worth and ultra-high-net-worth market. This is the fifth consecutive year Key Private Bank has been honored with a PAM Award.
“We are thrilled to be recognized by Private Asset Management for our commitment to delivering exceptional client service and investment management,” said Terry Jenkins, president of Key Private Bank. “The client experience is paramount to all that we do, and this distinct honor highlights our commitment to delivering highly customized, best-in-class wealth management and financial planning solutions through exceptional service to the high-net-worth market.”
“Being recognized for the quality of our OCIO initiatives showcases our commitment to providing industry-leading investment management capabilities to families,” said Gary Poth, head of Key Family Wealth. “Our
strategies are developed through a multi-generational lens that reinforces family values and focuses on the long-term protection and preservation of wealth.”