Local professionals and their personal wealth

Whilst the perception might be that private banks only look after the interests of high value internationally-based individuals, in reality, there may be many senior professionals resident in the Channel Islands who would personally benefit from considering a locally based private bank.

With buoyant economies in Guernsey and Jersey, it is no wonder that senior finance, legal and business professionals are extremely busy, dedicating their time to managing and developing their own businesses and careers.

However, although these senior professionals are pre-occupied when it comes to the success of their businesses, it is often at the expense of looking after their own personal financial planning.

With so little time, and so many options currently available from wealth management specialists, an effective approach to looking after private wealth is certainly a challenge. In such circumstances, a private bank can offer an attractive solution.

What course of action would be necessary when selling a business? What are the considerations involved in succession planning and awareness of cross border taxation issues? How can a private portfolio of assets containing cash, bonds, shares, pension funds and real estate be managed most efficiently? Have international currency fluctuations and unpredictable global money markets been sufficiently considered?

To read the press release in full please click on the icon below.

For those users who do not have the Adobe Acrobat software installed on their computer, a link is provided below for your convenience.