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Article: Private Banking.(Brief Article)
- Article from:
- Indiana Business Magazine
- Article date:
- July 1, 2001
- Author:
CopyrightCOPYRIGHT 2001 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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Not as exclusive as you may think
Private bankers are eager to get the word out that income and net-worth requirements aren't necessarily sky-high and that the profession is in a unique position to fulfill individual financial goals.
"I definitely believe that private banking is in a growth stage, and could even be considered in a rapid growth stage," says Beth Gudeman, a vice president in private banking at 1st Source Bank in South Bend. "In my immediate area, St. Joseph County, we still have strong professional and executive markets. These markets continue to grow, as well as the amount of wealth." The recent strong, sustained economy--coupled with ...