Quote:
Originally Posted by samsam
any u big players using a big investment bank
like merill lunch, goldman sacks, shroders
what are the minimum deposits and how much % interest do you get?
give some advice
is it worth having it for the exclusivity? do they pay good on funds?
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The minimum deposit is not static and varies greatly from country to country, even within a country depending on which branch you are working with.
You shouldn't expect much more from an IB, the only reason they are getting private wealth management clients is because of their IB reputation. Most of their income is from Underwriting and that's what they are good at, they will have some good people working in wealth management but the returns they produce don't justify the fees.