Winners Rationale

“Morgan Stanley’s third consecutive win as Best Private Bank – Hong Kong UHNW is a powerful testament to the firm’s ability to serve the most sophisticated clients through its institutional-grade ecosystem,” said Stanley Li, senior reporter at Asian Private Banker.

“In 2025, the bank achieved another year of robust growth in both revenue and assets under management, successfully capturing Hong Kong’s market rebound and the broader financial momentum across the Greater China region.

“The core differentiator for Morgan Stanley remains its integrated platform philosophy. Through its Strategic Advisory Solutions team, the bank bridges the gap between Private Wealth Management and its top-tier Investment Banking division. This synergy grants Hong Kong’s UHNW clients – many of whom lead major listed companies – direct access to capital markets and bespoke liquidity solutions that are typically reserved for institutional players.

“The firm also masterfully pairs its global intellectual capital with a rigorous approach to risk management. By leveraging its equity research franchise, the bank provides clients with high-conviction insights into critical 2025 themes, affording them a distinct, data-driven edge over their peers.

“Furthermore, Morgan Stanley significantly enhanced its fund advisory and discretionary asset management mandates in 2025, guiding clients through market volatility with confidence. In response to a shifting geopolitical and regulatory landscape, the bank also bolstered its wealth planning capabilities, helping globalised families fortify their asset preservation strategies.

“Recognising that wealth management is inherently a multi-generational endeavour, the bank has elevated its engagement through the highly regarded Wealth Leaders of Tomorrow Programme. This initiative prepares the next generation to navigate and preserve complex family legacies. For these reasons and more, Asian Private Banker is delighted to name Morgan Stanley as Best Private Bank – Hong Kong UHNW.”