private bank
Wealth management firm
A private bank is a financial institution that provides personalized banking and wealth management services to high-net-worth individuals.
Unlike retail banks serving the general public, private banks offer tailored investment advice, estate planning, and exclusive financial products: The family moved their assets to a private bank after selling the company.
Entry typically requires substantial minimum deposits.
- wealthAbundance of valuable resources
- high net worthPossessing considerable financial assets
- old moneyLong-established family fortune
- SwissOf a neutral alpine nation
- vaultSecure storage chamber
safe deposit box · confidential · exclusive · assets · portfolio · discreet · offshore · tax haven · trust · inheritance · trust fund · advisor · elite · secrecy · numbered · account · Geneva · custody
- bankingATM, ATMs, account, accounts, deposit
- private institution
- financial institutionscredit unions, savings and loan, thrifts, savings and loans, building societies
- private companiesstartup, Ltd, LLC, partnership, sole proprietorship
private bankretail bank
Bank serving individual customers
commercial bank · national bank · cooperative bank · credit union · community bank
private bankcentral bank
National currency management institution
Federal Reserve · development bank · World Bank · national treasury
private, bank, privately, privation, privy, privacy, privatize, privatization, deprive