RBC Wealth Management, located at Lyford Cay, has been recognized as the best provider of private banking services in the Caribbean by Euromoney, a global banking publication.

This is the fourth consecutive year that RBC Wealth Management, which serves high-net-worth and ultra high-net-worth clients in The Bahamas, the Cayman Islands and Barbados, has been recognized as top in the region overall.

It also ranked as the best among its peers in the region for Bespoke Wealth Management and for providing high-net-worth services for individuals with $10 million to $30 million in investable assets.

Published since 2004, the Euromoney Private Banking and Wealth Management Survey is regarded as one of the leading rankings for the global wealth management industry. The survey results are based primarily on a peer ranking methodology.

RBC Wealth Management’s operations in the Caribbean provide a complete range of wealth management services accessed by the global network of offices.

In The Bahamas, a team of professionals provide trust, private banking and investment services.

Deanna Price, head of Caribbean, RBC Wealth Management, says: “Over the past year, our team in The Bahamas has worked extremely hard to deliver client service of the highest standard right across the range of solutions. It is very encouraging to have the industry acknowledge and reward our efforts, and we look forward to building on this success over the coming years.”

In addition to the Caribbean awards, RBC Wealth Management was also recognized as having the Best Private Banking Services Overall in Canada for the sixth consecutive year.

“As the sixth largest wealth manager in the world, we aim to bring the scope of our global solutions and excellence in advice to each of our clients,” says George Lewis, group head, RBC Wealth Management & RBC Insurance.

“The fact that we are repeatedly identified as leaders amongst our peers is a strong testament to the commitment and expertise of our people around the world.”

These awards follow RBC Wealth Management’s recent success at the 2013 Citywealth International Financial Centre Awards held in London last month, where the Caribbean business was named Caribbean Private Bank of the Year.