CORNING, NY--(Marketwired - Apr 5, 2016) - Market Street Trust Company, a multi-family office providing comprehensive, independent wealth management services for high-net worth families and individuals, announced that it has won the Multi-Family Office Award for the second year in a row from Family Wealth Report, a wealth management industry publication.

Market Street Trust won the award in 2015 as well, and this is the firm's second multi-family office award of the year, after receiving the same award from Private Asset Management, another industry publication. The FWR award was for multi-family offices with up to $3 billion in assets under management or advisement.

"We are very appreciative of this award, which recognizes that the foundation of our family office -- trust, integrity, client service and innovation -- is alive and well," said Marianne Young, CEO of Market Street Trust. "We have found that, as a client-owned, client-focused organization, we have been able to serve our families over the long-term with mutual loyalty and appreciation, and to focus on the generational changes with our client families.

"We focus on being a source of confidence and trust for our clients during these challenging economic times, and providing clients with the type of communication and service that will best support them."

The FWR Awards showcase providers in the global banking, wealth management and trusted advisor communities and were designed to recognize firms that that have demonstrated innovation and excellence in 2015.

In addition to the 2016 PAM "Best Multi-Family Office" Award and the 2015 Multi-Family Office Award from FWR, Market Street also previously won the 2015 FWR "Philanthropy Offering" Award and both the 2015 and 2013 PAM Awards for "Best Multi-Family Office - Client Service" in the sub-$2.5 billion category. Market Street Trust was also noted as "Highly Commended" in 2014.

About Market Street Trust Company (www.marketstreettrust.com)

Founded in 1909 and based in Corning, NY, and with offices in New York City, Market Street Trust Company is a client-owned multi-family office providing comprehensive, attentive wealth management services for high-net worth families, many of them spanning multiple generations. Market Street is a private trust company, offering the permanence and objectivity of a corporate trustee, as well as the flexibility of a highly personalized approach. Market Street was the winner of Private Asset Management's Award for Best Multi-Family Office for Client Service, in the sub-$2.5 billion category in 2013 and 2015, and was named "Highly Commended" in this category in 2014. In 2015, Family Wealth Report named Market Street Multi-family Office of the Year in the sub-$3 billion category.