Details

Help, I'm Rich!


Help, I'm Rich!

Your Compass to a Value-Adding Private Banking Experience
1. Aufl.

von: Kees Stoute

38,99 €

Verlag: Wiley
Format: PDF
Veröffentl.: 29.10.2014
ISBN/EAN: 9781119020530
Sprache: englisch
Anzahl Seiten: 352

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Beschreibungen

<b>Manage and protect your wealth with the help of a private bank</b> <p><i>Help! I'm Rich!</i> 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 learn what private banks do, which services they offer, and how to find and approach a private bank. Case studies illustrate the various scenarios presented, and graphs, tables, cartoons and diagrams help facilitate a true understanding of what private banks can do for you. A detailed description of the various asset classes explains the reasons for — and risks of — investing at each level, giving you a better idea of the wealth management methods that have proven effective for others in your class.</p> <p>Whether you are new to wealth or are newly tasked with the money management aspect of it, it's vital for you to understand the ways in which your high net worth changes the game. This book is an indispensable guide to understanding the common challenges of the wealthy, and the crucial role private banks play in dealing with these challenges.</p> <ul> <li>Understand the challenges wealth brings to money management</li> <li>Discover how private banks can help address specific concerns</li> <li>Learn the questions you should ask your private banker</li> <li>Make better financial decisions by having an expert in your corner</li> </ul> <p>The more money you have, the more attention it requires, and the solutions tend to get more complicated. The support of a professional services provider seems not only unavoidable but highly desirable. <i>Help! I'm Rich!</i> shows you how to gain the most out of your private banking experience, with detailed guidance and expert advice.</p>
<p>Foreword v</p> <p>Acknowledgments ix</p> <p>About the Author xi</p> <p><b>Part One Introduction 1</b></p> <p>Chapter 1 Toward a Trusted and Value-Adding Private Banking Industry 3</p> <p><b>Part Two Investments 19</b></p> <p>Chapter 2 Why Should I Invest? 23</p> <p>Chapter 3 An Investment Approach That Suits You 39</p> <p>Chapter 4 Risks? What Risks? 51</p> <p>Chapter 5 The Essence of Discipline 71</p> <p>Chapter 6 Who Is Managing Your Assets? 87</p> <p><b>Part Three Credit 99</b></p> <p>Chapter 7 Loans—Pursuing Burdensome Opportunities 101</p> <p><b>Part Four Life Insurance 129</b></p> <p>Chapter 8 Life Insurance—A General Introduction 131</p> <p>Chapter 9 The Rich Also Benefit from Life Insurance 145</p> <p>Chapter 10 Life Insurance—Common Considerations 155</p> <p>Chapter 11 Life Insurance and Your Private Banker 165</p> <p><b>Part Five Wealth Structuring 171</b></p> <p>Chapter 12 What Is Wealth Structuring? 173</p> <p>Chapter 13 Purposes of Wealth Structuring 179</p> <p>Chapter 14 Wealth Structuring Tools and Vehicles 205</p> <p>Chapter 15 Wealth Structuring—Common Considerations 213</p> <p>Chapter 16 Wealth Structuring and Your Private Banker 225</p> <p><b>Part Six Psychology of Wealth 233</b></p> <p>Chapter 17 How Wealth Can Undermine Emotional Maturity 237</p> <p>Chapter 18 Raising Wealthy Children—So Many Obstacles 245</p> <p>Chapter 19 Raising Wealthy Children—The Need for Awareness 261</p> <p>Chapter 20 Psychology and Your Private Banker 277</p> <p>Epilogue 285</p> <p>Appendix: Overview of Asset Classes and Financial Instruments 289</p> <p>Index 335 </p>
<p><strong>Cornelis Johannes "Kees" Stoute</strong> (Westbroek, Netherlands) is the Director of Sonam Pte Ltd, which he established in 2012. Prior to that, he was the Managing Director of EFG Bank in South East Asia, which is the Swiss private banking subsidiary of EFG International, one of the larger banking groups in Switzerland by Tier-1 capital. Kees has a distinguished career spanning the academic, IT & Operations and private banking sectors, and has been based in Asia for almost 19 years, of which most of the time spent in Singapore. In 2011, he became one of the first in Singapore to be certified by the regulator in Singapore (IBF) as Financial Industry Certified Professional (FICP — Role Model 6) and the inaugural winner of the Hubbis Recognition of Excellence in Asian Wealth Management Award in 2012. <p><strong>Hubbis</strong>(Hong Kong) specializes in providing market practitioners in Asian Wealth Management with online content and training. The company provides various content, events and consulting services to private banks, wealth management firms, product providers and industry vendors. Their website Hubbis.com, which has 80,000 subscribers, is a highly-functional and relevant online content portal for anyone who wants to become successful in Asian wealth management. The site is mainly focused on developing people skills, product knowledge and understanding of the business of wealth management in Asia.

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