What to look for in a private banker
What to look for in a private banker9/15/2017
Selecting a private banking partner can seem like a daunting task. These individuals will be intimately involved in your personal finances, and sometimes those of your business. You’ll want to work with someone you trust, for sure. But what other qualities should you look for when selecting the person, and the bank, that will help guide the growth and protection of your assets?
- There when you need them. If there are papers to sign, they bring them to you. Should you need something outside of “banker’s hours,” they are accessible. Have a question or need clarification? They stand ready to talk through the details. This is the level of service you should expect.
- Making the complex simple. No matter how complicated the transfer of assets may be, your private banker should handle the details and keep you informed every step of the way. Additionally, they should be on the lookout for opportunities and present them to you in a clear manner that helps you make informed decisions.
- Better rates and pricing. As a valuable, high net worth customer of the bank, you should have access to competitive rates on savings vehicles and lower rates on loans.
If you are searching for a private banker to for a more personalized experience, make sure they are up to the job. You deserve the very best.