A private banking relationship is of greatest value to clients who have in excess of $1.5m AUD investible assets (excluding the family home but including super) or $2.5m AUD in investments, loans and deposits or $400,000 AUD annual income (all sources).
A busy surgeon who works long hours needs a Private Banker who is available to visit their practice and schedule appointments in between patients. Our client can access the specialised service which is ideally suited to medical professionals. Our team takes care of all their financial needs including assisting with structuring her assets and providing access to the specialist insurance cover they need.
When planning to move to Australia via the Government’s Significant Investor Visa (SIV) our dedicated multi-lingual Private Bankers were there with a comprehensive range of banking and wealth solutions to make the move easier. Connecting our client with local experts who helped manage their wealth and provided access to the SIV Flexible Investment Account the move was seamless.
A business owner in the mining industry sold his interests prior to the energy downturn and invested the majority of the proceeds in the share market and fixed interest. With economic sentiment improving they were hoping to purchase another business and needed to raise capital. Our team worked on strategies to fund the new business while taking into account capital gains implications and the client’s current investment strategy. After reviewing the options our client decided on a combination of strategies and including borrowing against his current property.