3 ms·
>at that level of money, you’re eligible for private banking / personal wealth management and thus to better deals and performance than you would make on your o
by warrenm 8y ago
>at that level of money, you’re eligible for private banking / personal wealth management and thus to better deals and performance than you would make on your own (I’m thinking Berkshire Hathaway for instance)
But why would you want to pay for "private bank / personal wealth management", when, quite frankly, the "managed" investments at best only outdo unmanaged investments by a tenth or two of a percent?