The prestigious Daily Telegraph Wealth Management Awards ceremony took place on 18th November 2008 at Kensington Palace. A Champagne Reception in the Queen's Gallery was followed by dinner and the Awards ceremony in The Orangery. Clay Harris presented the awards, which included his own Mudlark Award, for Exceptional Performance in the Back Office, to the winning companies and individuals.

The purpose of these awards was to recognise and promote quality of service from Wealth Managers and Stockbrokers. These awards were determined by investors themselves via the Stockbroking Guide Site.

All voters of The Daily Telegraph Wealth Management Awards were eligible for a £1,000 prize to be invested with a firm of the winners choice. This was won by Ian Webb who chose to invest the prize with St James's Place.

The winners were:

Awards:

Wealth Manager of the Year 2008 - St. James's Place

Best Derivatives Service - Accendo Markets

Best Performance - Cheviot Asset Management

Best Online Service - Hoodless Brennan

Best Newcomer - Clubfinance Ltd

The Cheviot Asset Management Award for Best Advice - Bestinvest

The PLUS Markets Group Award for Best Execution Only Service - Selftrade

The Ridge Clearing and Outsourcing Solutions Award for Best Discretionary Service

Best ISA Service - Alliance Trust

Best SIPP Service - Sippdeal

Best Market Newsletter - Montague Pitman

Best Marketing Material - Collins Stewart

Best Industry Commentator - Paul Lewis, BBC Radio 4

Mudlark Award for Exceptional Perfomance in the Back Office - Donna Jupp, Brooks Macdonald