Help, I'm Rich! : your compass to a value-adding private banking experience

✍ Scribed by Stoute, Kees

• Publisher: Wiley
• Year: 2014
• Tongue: English
• Leaves: 355
• Edition: 1
• Category: Library

✦ Synopsis

Manage and protect your wealth with the help of a private bank Help! I'm Rich! is a detailed examination of how private banking services can help high net worth individuals take charge over their wealth and protect their assets. Designed to increase the ability to discern between 'adding value' and 'self-orientation' and thus improve the professional relationship between private bankers and clients, this reader-friendly guide explains the concerns that typically come along with wealth, and the various ways in which private banks can help clients deal with these challenges effectively. You will. �Read more...

Abstract: Manage and protect your wealth with the help of a private bank Help! I'm Rich! is a detailed examination of how private banking services can help high net worth individuals take charge over their wealth and protect their assets. Designed to increase the ability to discern between 'adding value' and 'self-orientation' and thus improve the professional relationship between private bankers and clients, this reader-friendly guide explains the concerns that typically come along with wealth, and the various ways in which private banks can help clients deal with these challenges effectively. You will

✦ Table of Contents

Content: Help, I'm Rich! Your Compass to a Value-Adding Private Banking Experience
Contents
Foreword
Disillusioned
Adding Value
Acknowledgments
About the Author
Part One Introduction
Chapter 1 Toward a Trusted and Value-Adding Private Banking Industry
Shaken Confidence
Building Trust and Confidence
Deterrence-Based Trust
Knowledge-Based Trust
Identity-Based Trust
Why This Book?
Part One Conclusion
Part Two Investments
Chapter 2 Why Should I Invest?
The Risks of Staying in Cash
Inflation
Spending
Taxes
Foreign Exchange
What Does This Mean?
Conclusion. Chapter 3 An Investment Approach That Suits YouThe First Meeting
Investment Goals and Objectives
Total Wealth and (Future) Income
Family Situation/Stage of Life
Investment Knowledge and Experience
Risk Tolerance
Ability to Take Risk
Investment Time Horizon
Liquidity and Cash Requirements
The Risk-Return Profile
Conclusion
Chapter 4 Risks? What Risks?
Common Investment Risks
Risk Management Strategies
Risk-Return Profiling
Formulation of a Macroeconomic and Geopolitical View
Company Research
Hedging
Diversification
Use of Risk-Indicating Formulas
Volatility
Conclusion. Chapter 5 The Essence of DisciplineInvestment Rules and Principles
Products/Instruments
Asset Allocation
Investment Style
Rebalancing
Benchmark
Investment Constraints and Restrictions
Stop-Loss
Take Profit
Currency Hedge
Liquidity Expectation
Shorting
Conclusion
Chapter 6 Who Is Managing Your Assets?
Level of Personal Involvement
Wealth Manager Selection
Conclusion
Part Two Conclusion
Part Three Credit
Chapter 7 Loans-Pursuing Burdensome Opportunities
The Rationale for Borrowing-General
The Rationale for Borrowing-The Rich
Leveraged Portfolio
Speculation
Mortgage. Life Insurance Premium FinancingSingle-Share Financing
Specialty Financing
Business Expansion
Risks of Borrowing
Magnifying Losses
Loss of Income
Increasing Interest Rates
Rules of the Credit Game
Reference to Regulatory Guidelines
The Credit Application and Documentation Process
Calculation and Monitoring of Collateral
Measure to Correct Shortfalls
Conclusion
Part Three Conclusion
Part Four Life Insurance
Chapter 8 Life Insurance-A General Introduction
General Applications of Life Insurance
Provide for Dependents
Provide for Retirement
Tax Relief
Types of Life Insurance. Term Life InsuranceEndowment Life Insurance
Pension Life Insurance
Cash Value or Permanent Life Insurance
Insurance Wrappers
Conclusion
Chapter 9 The Rich Also Benefit from Life Insurance
The Rich Person's Rationales for Life Insurance
Tax Planning
Debt Management
Equalizing an Estate
Funding Business Buyout Agreements
Key Employee
Charity
Maximizing Available Funds
Multigenerational Planning
Offshore Ambitions
Creditor Protection
Wealth Structuring
Conclusion
Chapter 10 Life Insurance-Common Considerations
Some Life Insurance Considerations.

✦ Subjects

Finance, Personal. Wealth. Private banks. Investments. Banks and banking. Savings. BUSINESS & ECONOMICS -- Finance.