Euromoney Awards 2026: Banco Carregosa wins the Best Boutique Private Bank award

At a glance

• For the second consecutive year, Banco Carregosa has been recognised by Euromoney as the "Best Pure-Play / Boutique Private Bank” in Portugal.

• The award recognised a 52% increase in assets under management, technological innovation through the GoBulling trading platform and AI, as well as access to alternative and complex strategies.

• The Euromoney Award reinforces Banco Carregosa’s model of independence and specialisation, focused on bespoke solutions for high-net-worth clients.

It’s official: we have been named the "Best Pure-Play / Boutique Private Bank” in Portugal for the second consecutive year.

It’s not us saying it. The accolade comes from Euromoney, a leading institution in data and certification for the global banking and financial sector.

This distinction reinforces Banco Carregosa’s position as a benchmark in wealth management in Portugal. But what exactly does this award mean? And what benefits does it bring you as an investor?

What distinguishes a boutique wealth management bank from a universal bank?

Unlike institutions where private banking is just one division among many, Banco Carregosa operates exclusively in this segment. This means greater concentration of specialised expertise and an organisational culture focused on high-net-worth clients.

What is Euromoney?

Euromoney is one of the world’s most prestigious and influential financial publications, founded in 1969 in the United Kingdom.

With more than five decades of history, the institution has specialised in the rigorous analysis of global financial markets, investment banking, asset management and private banking, becoming an indispensable reference for professionals and entities in the international financial sector.

Through detailed reports, rankings and annual awards, Euromoney highlights best practices, innovations and outstanding performance across various areas of financial services.

The Euromoney Private Banking Awards are therefore considered one of the most relevant recognitions in the sector, as they rigorously evaluate indicators such as financial performance, innovation, service quality and client strategy. The entire process involves the analysis of audited financial data, client satisfaction questionnaires and an independent editorial panel.

Thus, the awarding of these prizes serves as external and independent validation of the reputation, soundness and excellence of the distinguished institutions.

Euromoney Award: Why is it important?

The history of Banco Carregosa began in 1833, during the Portuguese Civil War and shortly after the Napoleonic invasions. Born in one of the most turbulent periods of Portuguese history, Casa Carregosa pioneered a new generation of financial institutions, which we now know as Private Banking.

Receiving an award of this magnitude contributes to strengthening the confidence of those who entrust their wealth to Banco Carregosa. Winning an international award from an independent body serves as external validation of the soundness and reputation of a project with more than 190 years of history.

For the client, it symbolises the conviction of dealing with a resilient business model that prioritises transparency, professionalism and proximity in financial advice.

The consistency of winning this award for the second consecutive year proves that excellence is not an isolated event, but a long-term commitment of our institution, which continues to increase assets under the supervision of more than 150 specialists guided by the mission to preserve and grow clients’ wealth.

What led Euromoney to choose Banco Carregosa in 2026

The award of the 'Best Pure-Play / Boutique Private Bank – Portugal 2026' to Banco Carregosa was based on 3 strategic pillars.

Discover the three fundamental pillars of our victory:

1. Growth in assets under management: Euromoney’s analysis highlighted growth of approximately 52% in assets under management during the period under review. Banco Carregosa currently has more than €5 billion in assets under supervision.

2. Access to alternative and complex strategies: The jury highlighted the strengthening of our advisory architecture. In a year of volatility, we enabled our clients to access not only diversified financial asset management strategies but also solutions in Wealth Advisory, Private Equity, Venture Capital, exposure to real estate investments, among others. The ability to build "made-to-measure” portfolios, integrating non-traditional assets, was one of Banco Carregosa’s greatest competitive differentiators.

3. Purpose-driven digital innovation (GoBulling & AI): Being a secular institution does not prevent us from being at the forefront of technology. Euromoney recognised the central role of improvements to our GoBulling trading platform and the use of Artificial Intelligence and behavioural analysis to equip our managers with deeper insights, enabling more agile, data-driven conversations with our clients.

Euromoney Award: A vision oriented towards the future

Excellence in wealth management increasingly requires the constant ability to anticipate change and evolve with the market.

Therefore, we see this distinction as a starting point for the future, reinforcing our ambition to lead the next generation of Private Banking.

"Receiving this distinction from Euromoney, for the second consecutive year, is a source of great pride for Banco Carregosa. More than an award, it represents the recognition of a consistent positioning, based on the strength of the relationships we build with our clients and a continuous commitment to excellence in wealth management.” - Francisco Oliveira Fernandes, CEO of Banco Carregosa

We will continue to focus on anticipating needs and delivering solutions that make a difference for future generations, combining 190 years of history with a modern and agile vision for the future.

Banco Carregosa: Tradition of innovation

The recognition of the Euromoney Award validates a trajectory where tradition merges with innovation to protect the legacy of families and investors. More than celebrating achievements, we assume the commitment to continue evolving, anticipating the needs of future generations with rigour and excellence.

Discover how the Banco Carregosa team can support you through personalised and independent advice. Contact us to learn about our wealth management solutions and ensure asset management oriented towards the future.

Euromoney Awards 2026: Frequently Asked Questions

What are the Euromoney Private Banking Awards?

The award presented by Euromoney annually recognises the best private banking institutions based on criteria such as performance, innovation and service quality. The distinction awarded to Banco Carregosa represents an external and independent validation of its excellence in wealth management.

How many times has Banco Carregosa been distinguished by Euromoney?

Banco Carregosa has been distinguished by Euromoney as "Best Pure-Play / Boutique Private Bank” in Portugal for two consecutive years, including 2026. You can consult the awards page.

What is a boutique wealth management bank?

A boutique bank is an institution specialised in private banking, without other areas such as retail banking. Banco Carregosa follows this model, focusing on personalised advice, independence and the absence of conflicts of interest.

What is the minimum investment at Banco Carregosa?

Access to Banco Carregosa’s services depends on the client’s profile, financial objectives and the complexity of the desired wealth management solutions. As an institution focused on clients with significant assets, the framework is defined individually, with a minimum involvement of €250,000, privileging a personalised approach aligned with tailored investment strategies.

What is the difference between Boutique Private Banking and Private Banking at a universal bank?

In the boutique model, as in Banco Carregosa, the entire organisation is focused on wealth management, ensuring specialisation and alignment with the client. In a universal bank, private banking is just another division, so conflicts of interest may coexist and there may be less exclusive focus on the high-net-worth client.