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Article: Private banking.(banking industry of Indiana)
- Article from:
- Indiana Business Magazine
- Article date:
- April 1, 1999
CopyrightCOPYRIGHT 1999 Curtis Magazine Group, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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One-stop financial services for high-income individuals
The first page of Bank One's private-banking promotional literature suggests, "At some point, your time is better spent managing your life than your money." For all of us, these words make a great deal of sense. But only a select group makes the level of cents that qualify for such full-service, personal attention from their banks.
Private-banking customers are typically those knocking down at least a six-figure income and sporting a net worth in the neighborhood of at least a half-million dollars, not including the family home. The products and services private-banking departments offer these ...