Wealth management
Wealth management and private banking: what you get, what it costs, and how to choose
This hub covers private banks, wealth managers and advisers: what each offers, how they are paid, and what changes when an investor is classed as professional rather than retail. It is written separately for the UK and the US because the rules and the choices differ. General information, not advice.
What readers ask
- Do I need a financial advisor or a wealth manager?
- How much money do you need to be in a private bank?
- What is the typical fee for a wealth manager?
- What are the downsides of private banking?
- Are wealth managers worth it in the UK?
- What is considered a very high-net-worth individual?