The international recognition, also awarded to the firm in 2018, 2020 and 2021, honors Banyan's approach of pairing governance with the skills and confidence families need for long-term ownership

BanyanGlobal Family Business Advisors ("Banyan") has been named Family Business Advisory Practice of the Year at the 21^st annual STEP Private Client Awards, one of the most respected international honors in the private client profession. It is the fourth time Banyan has won the category, following wins in 2018, 2020 and 2021.

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Kelly Greig, STEP Board Member and Dennis Jaffe, BanyanGlobal Family Business Advisors at the awards ceremony. BanyanGlobal won the Family Business Advisory Practice of the Year at the 21st Annual STEP Private Client Awards.

The independent judging panel singled out Banyan's approach:

"BanyanGlobal Family Business Advisors has redefined family business advisory by combining governance with helping families build skills and confidence for long-term ownership. Its innovative approach and long-standing client relationships helped make it the standout entry."

Stephan Roche, Managing Partner at Banyan, said the recognition reflects what families value most about working with the firm:

"We're honored STEP has recognized the work our team does alongside clients around the world. The judges captured what families value most working with Banyan: we help them build the skills and confidence they need to thrive across generations. Winning this award validates our unique approach, talented team, and exceptional clients."

Now in their 21st year, the STEP Private Client Awards are regarded as a benchmark for excellence across the global private client profession. They are presented by STEP, the global professional body for trust and estate practitioners, with more than 21,000 members in around 100 countries. Entries from firms worldwide are judged by an international panel of senior practitioners, and a handful of finalists are shortlisted in each category. A fourth win in the category places Banyan among the most consistently recognized family business advisors in the international private client community.

Since its founding in 2012, Banyan has advised more than 280 family owner groups in 24 countries. Its clients range from first-generation founders to 21st-generation enterprises. Banyan works only with full owner groups, helping them strengthen ownership, governance, and the decisions that keep a family business together across generations.

Dennis Jaffe, Senior Research Fellow at Banyan, accepted the award on behalf of the firm at the ceremony in London.

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