Arvella Investments, a London and Paris-based wealth management firm established by two former Goldman Sachs managing directors, received the PAM Innovation Award for the second year in a row.

Arvella's entry highlighted an investor framework for integrating sustainability into decision-making. Arvella beat-off a number of very strong entries from Citi Private Bank and Coutts HSBC Private Bank.

The PAM Award is one of the most sought-after awards in the UK wealth management sector. The awards are independently judged and recognise the best in wealth management, from investment performance to client service quality.

View the full list of winners at Private Asset Management