Shinhan Private Wealth Management (PWM) is this year’s recipient of the Asian Private Banker Best Private Bank – South Korea award. With a gargantuan US$208 billion in assets under management (AUM) – including those clients with KRW500 million (US$450,000) with the bank – Shinhan PWM has clearly benefitted from an integrated banking model, providing clients with access to a wide range of asset management and investment banking solutions, including products which go beyond the typical vanilla-type.
Asian Private Banker makes particular note of Shinhan PWM’s holistic, multidimensional approach to servicing its clients’ needs, offering advisory capabilities in tax and real estate planning as well as health care services and priority access to culturally-significant events.
Undoubtedly Shinhan PWM is a tough act to follow, given its dedicated team of 100 relationship managers, its local insight, and its wealth of capabilities. On the strength of these reasons, Shinhan Private Wealth Management may lay claim to the title of Asian Private Banker Best Private Bank – South Korea, for 2012.