What is a “private bank”—really?
Online and “robo” banking are giving many people unprecedented and much-needed access to financial services. This democratization of information and tools provides individuals with new ways to manage finances and investments on their own.
A “private bank” is at the other end of the spectrum. A real private bank is where you should have a one-on-one relationship with an unbiased banker who can help you organize, manage and enhance your financial affairs. A private bank should offer you special access to all the classic services offered by banks and financial planners—planning, investing, borrowing and banking—all in one place. Then it should do more. Connect you to unique opportunities and people. Help you identify and reach the goals you set.
When is a “private bank” right for you?
The more money you have, the more likely you and your family would benefit from the level of service a true private bank can offer. Your finances are more complex; your opportunities and risks, potentially greater. Even if you are a sophisticated investor, you want the access and insights a good private bank should provide.
So how do you find the best private bank to help you achieve success as you define it?
With us, you enjoy an enduring relationship with a skilled banker who can marshal the resources of a global financial powerhouse for you, your family—and the impact you want to make on the world.
But don’t just take our word for it. Evaluate any firm that calls itself a “private bank” to make sure you receive the services, expertise and access the best private bank should provide.