Methodology

The winners of SPEAR’S Russia Wealth Navigator Awards 2021 will be determined in several rounds:

PREPARATION OF FULL LIST OF NOMINATIONS AND NOMINEES:

From 1 September until 30 September, all interested organizations and individuals will have an opportunity to nominate themselves or other organizations and individuals by filling out special applications, which will be available at the Awards website.

Depending on the nomination, all participants of the Qualifying Round will be asked to provide related information on the performance of the nominees (for example, provide data on the number of Russian HNW clients, Russian HNW client assets under management in 2020-2021, new Russian HNW client growth rate, etc.), as well as to submit additional criteria to help the judging panel in its evaluations.

During the same period of time additional nominee recommendations will be given by the editorial staff of SPEAR’S Russia magazine and PBWM.ru website.

From 1 October until 8 October the Organizing Committee of the Awards will analyze all applications and announce the final list of nominations and nominees.

VOTES BY PEERS:

From 11 October until 1 November, the Organizing Committee will be collecting votes of professionals from private banking, wealth management and related industries in order to determine short lists of nominees in every category.

The voters will be asked to select the best, second and third nominee in each category. The nominees selected will then be respectively awarded three, two and one point. As a result of this process, the final short lists will be formed.

VOTES BY THE JUDGING PANEL:

From 18 November until 30 November, the short lists will be presented to the Judging Panel, which will consist of the most highly reputed and influential individuals both in the industry, as well as in society.

After the Judging Panel will have voted, the Organizing Committee in cooperation with the Independent Consultant of the Awards will sum up the votes for each nominee to determine a winner in each category.

SPEAR’S Russia Wealth Navigator Awards is monitored by PwC as the Independent Consultant.