July 24, 2012 3:16 pm
Could you please advise if the services of private banking be relevant for wealth management of a corpus of 1-2 Cr?
Or would conventional wisdom and DIY be adequate?
I dont think you should go for it , they are mostly known to just churn on your behalf , generate commissions and give you the losses . The reviews for most of them are pretty bad.
Just dont go for it .
What are the advantages and disadvantages of both approaches IN YOUR OWN OPINION?
Put them here, and most things will clarify.
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