9 December 2010

Do you really need a 'comprehensive package of services'?

News that a major player in the international private banking world will offer clients of its new family office hub in Singapore a 'comprehensive package of services' causes us to remind readers that Private Banking Advisory argues for a long time that investors should focus more on transparent and clear performance records rather than on 'soft' aspects like the name of the tennis player who fronts the publicity campaign of the investment adviser or additional 'services' that would much better be provided at arm's length by professionals such as accountants, lawyers and tax experts.