LGT Achieves Triple Recognition at the Global Private Banking Awards
LGT, a prominent player in private banking, has recently been recognized at the esteemed "PWM/The Banker Global Private Banking Awards." The awards ceremony, held on the evening of November 6 in London, saw LGT clinch the titles for "Best Private Bank for the Next Generation" and "Best Private Bank for Impact and Sustainable Investing." Additionally, it received a "Highly Commended" nod in the "Best Private Bank for Alternatives" category.
Acknowledging Next Generation Wealth Transfer
LGT's selection as the best private bank for the next generation highlights its dedication to addressing the impending transfer of wealth that is expected to unfold on an unprecedented scale over the next decade. Olivier de Perregaux, CEO of LGT Private Banking, expressed the emotional and personal nature of wealth succession, stating that it encompasses not only financial assets but also values, cultures, and the leadership of family businesses. He emphasized LGT's commitment to supporting next-generation clients with tailored solutions and deep expertise.
The selection panel, composed of over 20 industry experts from Europe, Asia, and North America, commended LGT’s specialized knowledge and clear commitment to this critical theme of wealth transfer. Yuri Bender, the editor of PWM and a judge, noted that LGT demonstrates a strong understanding of the challenges and opportunities arising from asset transfer and focuses on developing services tailored for the next generation.
Leading in Sustainable Investing
In a climate-conscious world, LGT's recognition as the "Best Private Bank for Impact and Sustainable Investing" signifies its robust approach to decarbonizing portfolios. Bender highlighted this commitment, applauding LGT for connecting clients with thought leaders in climate change to facilitate direct exchanges of insights and trends.
Patrick Huber, responsible for Business Development & Transformation Investment Solutions at LGT, reinforced that the firm views sustainable investing not just as a fleeting trend but as a strategic pillar vital for long-term business development. He added that a significant number of clients, particularly younger generations, seek to understand the impact of their investments on urgent issues like climate change and aspire to contribute positively toward meaningful solutions.
Recognition for Alternative Investments
Additionally, LGT received a "Highly Commended" status in the "Best Private Bank for Alternatives" category. Olivier de Perregaux emphasized that the firm's owner, the Princely Family of Liechtenstein, has a long-standing tradition of successfully investing in alternative assets like private equity. This legacy of expertise is carefully passed on to clients.
Judges noted that while many banks are just beginning to follow suit in providing private market offerings, LGT has been strategically focused on alternative investments for years, making this approach notably forward-thinking and deserving of accolades.
About LGT
LGT, an international private banking and asset management group, is owned by the Princely Family of Liechtenstein for over 90 years. As of June 30, 2025, LGT manages an impressive portfolio of CHF 359.6 billion (USD 451.6 billion) in assets under management (AUM) for high-net-worth individuals and financial institutions. With more than 6,000 employees across over 30 locations in Europe, Asia, the United States, Australia, and the Middle East, LGT continues to expand its global footprint. For more information, please visit
www.lgt.com.