Bessemer Trust is the US’s best brand in private wealth management among households with more than $5 million in assets, says a newly released Luxury Institute Survey.
Goldman Sachs, U.S. Trust, Northern Trust and JP Morgan Private Bank round out the top five among the survey’s list of best-performing wealth management firms in America.
This year’s survey marks the second consecutive year Bessemer has claimed the survey’s top spot in the, which includes the categories of price worthiness and willingness to recommend.
The online survey rated 27 firms from a representative sample of 500 wealthy consumers.
Respondents were required to have a minimum gross annual household income of $200,000 and net worth of at least $5,000,000.