Manage and protect your wealth with the help of a private bank
Help! I'm Rich! is a detailed examination of how private banking services can help high net worth individuals take charge over their wealth and protect their assets. Designed to increase the ability to discern between 'adding value' and 'self-orientation' and thus improve the professional relationship between private bankers and clients, this reader-friendly guide explains the concerns that typically come along with wealth, and the various ways in which private banks can help clients deal with these challenges effectively. You will learn what private banks do, which services they offer, and how to find and approach a private bank. Case studies illustrate the various scenarios presented, and graphs, tables, cartoons and diagrams help facilitate a true understanding of what private banks can do for you. A detailed description of the various asset classes explains the reasons for — and risks of — investing at each level, giving you a better idea of the wealth management methods that have proven effective for others in your class.
Whether you are new to wealth or are newly tasked with the money management aspect of it, it's vital for you to understand the ways in which your high net worth changes the game. This book is an indispensable guide to understanding the common challenges of the wealthy, and the crucial role private banks play in dealing with these challenges.
Understand the challenges wealth brings to money management
Discover how private banks can help address specific concerns
Learn the questions you should ask your private banker
Make better financial decisions by having an expert in your corner
The more money you have, the more attention it requires, and the solutions tend to get more complicated. The support of a professional services provider seems not only unavoidable but highly desirable. Help! I'm Rich! shows you how to gain the most out of your private banking experience, with detailed guidance and expert advice.
Table of contents
- About the Author
- Part One: Introduction
Part Two: Investments
- Chapter 2: Why Should I Invest?
- Chapter 3: An Investment Approach That Suits You
- Chapter 4: Risks? What Risks?
- Chapter 5: The Essence of Discipline
- Chapter 6: Who Is Managing Your Assets?
- Part Two: Conclusion
- Part Three: Credit
Part Four: Life Insurance
- Chapter 8: Life Insurance—A General Introduction
- Chapter 9: The Rich Also Benefit from Life Insurance
- Chapter 10: Life Insurance—Common Considerations
- Chapter 11: Life Insurance and Your Private Banker
- Part Four: Conclusion
Part Five: Wealth Structuring
- Chapter 12: What Is Wealth Structuring?
- Chapter 13: Purposes of Wealth Structuring
- Chapter 14: Wealth Structuring Tools and Vehicles
- Chapter 15: Wealth Structuring—Common Considerations
- Chapter 16: Wealth Structuring and Your Private Banker
- Part Five: Conclusion
Part Six: Psychology of Wealth
- Chapter 17: How Wealth Can Undermine Emotional Maturity
- Chapter 18: Raising Wealthy Children—So Many Obstacles
- Chapter 19: Raising Wealthy Children—The Need for Awareness
- Chapter 20: Psychology and Your Private Banker
- Part Six: Conclusion
- End User License Agreement
- Title: Help, I m Rich!: Your Compass to a Value-Adding Private Banking Experience
- Release date: February 2015
- Publisher(s): Wiley
- ISBN: 9781119020547
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