Answer
Family offices provide customized wealth management, tax planning, and succession tools, whereas private banks offer standardized investment products. Family offices enable more control, discretion, and alignment with long-term family goals.
Question:What are the key differences between a family office and a private bank?
Brief Answer: -
About the Author
Emma Lawson – Senior Editor at WealthShield Asia
Specializing in residency and citizenship programs, Emma covers global investor migration trends.
Disclaimer:
This article is intended for informational purposes only. It does not constitute legal, financial, or tax advice. Please consult a licensed professional for personalized guidance.
This article is intended for informational purposes only. It does not constitute legal, financial, or tax advice. Please consult a licensed professional for personalized guidance.