U.S. Private Banks & Trust Companies 2020
Unifying the Wealth Management Experience
Digitize, Scale, and Improve Client Outcomes
- Understand the implications of banks unifying their advisory platforms in an evolving fiduciary environment
- Explore private bank and trust channel sizing and marketshare projections
- Analyze advisory fees, services, and technology offered by bank wealth managers
- Evaluate the distribution opportunities that exist for asset managers
- Gain insight into banks’ portfolio construction and product use trends
Buy Now

Greg Bell, CIMA
Associate Director, Account Management
- Boston HQ +1 617.437.0084
- Singapore +65 6327 4045
- London +44 20 7645 9040
Summary
The annual private bank and trust report evaluates the continued developments in the bank trust channel, including current and projected marketshare, portfolio construction and product trends, services, technology, advisory fees, and platforms.
Included with Purchase
Methodology
Each report is lead authored by a senior Cerulli analyst with significant industry experience. The report incorporates qualitative and quantitative inputs, based on Cerulli’s proprietary research process. For more on our research process, click here.
Executive Summary
Get the most important report findings distilled in an easy-to-understand and highly visual format before you begin your journey through the report or use it as a tool for senior leadership.
Interactive Report Dashboard
Access consolidated data from multiple report exhibits in a single comparative view. Flexibly build your view of data with customizable filters and share the results in a format that meets your requirements.
Analyst Support
Got a question? Our analysts are available to help you interpret and analyze key findings as well as provide their perspective on industry trends.
Data Behind the Report
Data is the foundation of our reports. Each study contains nearly 100 exhibits, available to buyers in Excel format. Extract and explore Cerulli’s data and analysis your way.
Digital Access
Access your reports digitally anytime, anywhere, on any device through our client portal.
A Note from the Author
How Will Private Banks Keep Up with Competition from Independent Registered Investment Advisors (RIAs) and Direct Providers? The Answer: Technology

Asher Cheses
Senior Analyst
Bio →

Asher Cheses
Senior Analyst
Asher is a member of Cerulli’s Wealth Management practice, specializing in high-net-worth trends across advisory channels. In his role, Asher is responsible for leading the research and development of two annual reports, focusing on trends that impact high-end advisory practices and high-net-worth investors. Asher also leads and supports various strategic consulting engagements, focusing on private banks and multi-family offices.
Prior to joining Cerulli Associates, Asher worked as an Investment Analyst at a Boston-based multi-family office, where he conducted fund due diligence and portfolio analysis for high-net-worth investors.
Full biography here.
As the impacts from the COVID-19 pandemic unfold, technological integration has accelerated from an add-on to a necessity, providing the perfect opportunity for banks to get advisors up to speed and instill best practices around the firm’s latest technology.
Private bank and trust executives surveyed by Cerulli cite that their top strategic priorities in 2020 are gaining efficiencies through technology (72%) and implementing digital capabilities to improve the client experience (52%).
Use Cerulli’s new report, U.S. Private Banks & Trust Companies 2020, to understand how to strategically modernize technology and operating platforms and lay the groundwork to accomplish continued growth well beyond the COVID-19 pandemic.
Let us help you scale to meet today’s challenges and capture tomorrow’s opportunities.
CONTACT US
Want More Information?
Learn more about this report and related Cerulli research.
Contact Us
You May Also be Interested in:
- Annual report
- Cerulli Edge
- Cerulli Lodestar

STRATEGIC CONSULTING & CUSTOM RESEARCH
Cerulli Consulting
Understand where to allocate resources to achieve your objectives. We can help you determine which initiatives are likely to be successful and those that may not achieve the desired effect. In an increasingly competitive market, our objectivity and experience can help you to advance your firm’s unique strengths.