BanyanGlobal Named Advisory Practice of the Year
The firm earned top honors at the 21st annual STEP Private Client Awards ceremony held in London.
Updated on Oct. 14, 2026 in Financial Planning
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BanyanGlobal Family Business Advisors has been named the Family Business Advisory Practice of the Year at the 21st annual STEP Private Client Awards. Dennis Jaffe accepted the recognition on behalf of the firm during the event.
Why it matters
The recognition highlights the firm’s commitment to combining corporate governance with the development of skills and confidence for long-term family ownership. An international panel of senior practitioners selected the winner from a group of shortlisted finalists.
Since 2012, BanyanGlobal has provided advisory services to more than 280 family owner groups across 24 countries. The firm previously secured this specific award in 2018, 2020, and 2021.
The players
BanyanGlobal Family Business Advisors
This is a specialized advisory firm that provides governance and strategy services to family-owned businesses globally.
Dennis Jaffe
He is a representative who accepted the industry award on behalf of the BanyanGlobal firm in London.
STEP
This is a professional organization that represents more than 21,000 members in approximately 100 countries.
The details
The selection process for the awards involves an international panel of senior practitioners who evaluate nominees based on their expertise and contribution to the field. This latest accolade marks the fourth time the firm has received this specific distinction from the industry organization.
Timeline
2012 marked the founding year of BanyanGlobal.
2018, 2020, and 2021 represent the years BanyanGlobal previously won the advisory award.
October 14, 2026, is the date the award recognition was published.
Market Dynamics
The STEP Private Client Awards serve as a key benchmark for excellence within the global professional services sector. BanyanGlobal’s repeated recognition at this event underscores its established position within a competitive international landscape of family business advisors.
For families managing complex intergenerational wealth, this recognition provides a metric for evaluating the caliber of advisory firms. It confirms the firm's standing as a verified participant in the global market for professional estate and succession planning.
The takeaway
Selecting an advisor requires evaluating long-term performance records against established industry standards. Repeated award recognition can serve as one indicator of consistency when vetting firms for private client needs.
Further reading
For more on industry benchmarks, visit the Financial Planning section.
More information
View the Full awards press release for additional details on the ceremony.
Source note: This article includes information reported by AFP.
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