Investing in China Series: The Basics

August 13, 2009 | Comments Off on Investing in China Series: The Basics

If you are thinking about investing in China, you are definitely not alone. Legendary investor Jim Rogers has been investing in the Chinese stock market since 1986, in his book “A Bull in China: Investing Profitably In The World’s Greatest Market”, he compared the modern Chinese stock market to America in the late 1800s, where […]

2009 is a year to remember for many private banking professionals. Hedge funds failed, Bernard Madoff convicted, clients withdrew assets from private banks. The global financial crisis has fundamentally changed how the HNWI clients invest and the wealth management business itself. As part of an orginal research, we study financial data and key events in […]

Private banking due diligence checklist

July 11, 2009 | Comments Off on Private banking due diligence checklist

Before you open an account with an advisor, make sure you conduct your own due diligence and know the answers to the key questions on topics such as conflicts of interests and fees. This special due diligence checklist has been created to help you understand your risk. Private Banking Due Diligence Checklist (pdf)

How the private banking industry is changing

July 7, 2009 | Comments Off on How the private banking industry is changing

For most investors and financial professionals, 2009 is a year to remember. The collapse of Lehman brothers, the conviction of Michael Madoff, the massive layoff within the industry and the dramatic drop in equity value make 2009 a year to remember, for all the wrong reasons. Two Harvard Business School professors, Michael Porter and Jan […]

Excellent advisors can help you draft complex strategies to protect your assets, manage your cashflows and provide high value strategic advice. Mediocre advisors on the other hand only want your commissions and often encourage you to take positions that don’t serve you any good. Because of how “secretive” the private banking industry is, it is […]

Can private banking clients sue their advisors?

June 15, 2009 | Comments Off on Can private banking clients sue their advisors?

In short, the answer is YES. However, clients have to prove that their losses are direct results of negligence on the private bankers part. When the market is hot and everyone is making money, life is easy for wealth advisers. Advisers take their clients to lunch at Four Seasons, or go for a round of […]

What you need to know about offshore banking options

March 12, 2009 | Comments Off on What you need to know about offshore banking options

When people talk about private banking, some images automatically come to mind: Switzerland, secret vault and mysterious account holders. There are many good reasons why many high net worth individuals choose to put their money in offshore accounts, but before you decide to open one, I urge you to think through the following issues: Insurance […]

Private banking in the Middle East

June 23, 2008 | Comments Off on Private banking in the Middle East

Middle East is one of the fastest growing market for private banks. The international monetary fund estimated the GCC countries have more than $1.5 trillion in total private wealth. Like other regions, the Middle East market is unique in many ways. If you live in the region and plan to use a private bank to […]

Choosing a private bank (part 2 of 2): Benefits of boutique firms

March 2, 2008 | Comments Off on Choosing a private bank (part 2 of 2): Benefits of boutique firms

Boutique firms can be appealing for many reasons. For most seasoned investors, the reputation of the private banker is just as important as that of the bank. Savvy investors need to like their relationship manager AND the bank itself before transferring assets. Some private banking clients are willing to move part of their asset with […]

Choosing a private bank (part 1 of 2): Benefits of bulge bracket firms

March 1, 2008 | Comments Off on Choosing a private bank (part 1 of 2): Benefits of bulge bracket firms

At first glance, all private banks look alike. But in fact, they differ on fees, product offerings, advice quality and strengths. Roughly private banks belong to either one of the two categories: Bulge Bracket or Boutique. Bulge bracket private banks are the wealth management arms of investment banks or multinational banks. UBS Wealth Management and […]