We are pleased to announce that Northland Wealth Management has been shortlisted in three categories at the 2023 Private Asset Management (PAM) Awards.
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 who include noted professionals such as April Rudin, Charles Lowenhaupt, Linda Mack, Steve Prostano and Hannah Shaw Grove.
“As family owned and operated Canadian family office we are dedicated to providing personalized and best in class advice to nurture and grow the financial and human capital of every family we serve. We are honored to have this commitment recognized by the financial media,” comments Northland Wealth Founder and CEO, Arthur Salzer, CFA.
This marks the ninth consecutive year that Northland Wealth has been considered for the Private Asset Management Awards. For the past two years at the PAM Awards, the firm was named Best Multi-Family Office (under $10 billion AuM/AuA) which includes Canada and the United States. Previously Northland Wealth has been Commended in the categories of Best Service and Due Diligence Process.
PAM Awards 2023 -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 2023 - 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