Revenue at private banks and wealth managers that participated in the 2024 Top Private Banks & Wealth Managers survey climbed 16% over the past year — and investors are showing higher levels of appreciation for the world-class service they receive.

Satisfaction ratings, determined from 12,317 clients of private banks and wealth managers who participated in the online survey this year, shot up after a drop in 2023, surpassing the previous high of post-Covid 2021. While the economy since 2021 has made for a poor investment environment, this survey was conducted from March 6 to April 24 this year, a period of heightened political uncertainty ahead of the elections...

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