Northland Wealth Management, Canada's leading family office was named the "Best Multi-family Office under $10 billion in North America" at the 2022 Private Asset Management (PAM) Awards. This is the second consecutive year Northland Wealth has been honored with this PAM Award.
"We are thrilled to be recognized for the Best Multi-family Office in Canada and the United States for the second year in a row by Private Asset Management and for being awarded Highly Commended for Best Best Family Office - Due Diligence Process. Winning these awards across consecutive years is a testament to the unparalleled care and service we provide to our families." - Arthur Salzer, CFA - CEO & Co-CIO
"With our combination of best in class access to leading alternative asset managers and our outstanding team of professionals with decades of experience, we help entrepreneurial clients to grow and protect the wealth that enables the realization of the family's vision, mission and set of values." - Joseph Abramson, CFA - Co-CIO
For more than two decades, the PAM Awards have recognized high-performing firms and wealth advisors operating within the private asset management industry who have proved themselves over the course of the last year. The judging process, using an independent panel made up of industry experts, reviews a mixture of qualitative and quantitative performance indicators.
PAM Awards 2022 -Best Multi-Family Office under $10bn
This award is designed to recognize excellence among multi-family offices at different size points, by rewarding firms that have delivered exceptional risk-adjusted returns and client service.
For the performance component, firms should provide return statistics for a range of anonymized client portfolios. Judges will credit both performance over the past year and longer-term performance.
Evidence or examples of excellent client service beyond investment management will also be given credit. Details of programs and how they successfully delivered for clients, and client testimonials, will both be given credit.
Criteria:
Clear evidence that client objectives were met through risk-adjusted performance
Quality of tax, estate, and other services to meet the needs of UHNW clients
Top quality client service demonstrated through client testimonials
Pam Awards 2022 - Best Family Office - Due Diligence Processes
This award is designed to reward a family office that has demonstrated exceptional policies and procedures when it comes to its investment due diligence procedures.
Submissions should demonstrate the due diligence steps taken to review a range of different asset classes and new investment opportunities, including funds and direct deals. Details of technological innovation that has helped deliver positive outcomes should be evidenced in the submission.
Criteria:
Demonstration of high quality investment due diligence processes at a family office
Evidence of due diligence procedures contributing positively to long-term risk-adjusted performance
Evidence that a positive due diligence culture exists across the family office