Family offices step up pressure on private banks

Nov 21, 2012

Multi-family offices question the independence of private banks, but say they are losing the battle for mindshare because they don't have the same sort of marketing budget.

Family offices step up pressure on private banks

Multi-family offices are looking to pick up wealthy clients, with executives pointing to their own independence while questioning the approach of private banks to selling products and advising on portfolios.

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