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Old 06-04-2008, 06:22 PM   #1
Andy Sol
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What is the difference between a Private Banker and an Investment Consultant?
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Old 06-04-2008, 06:29 PM   #2
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Default What is the difference between a Private Banker and an Investment Consultant?

Hi,

I was wondering if anyone might know about any differences that may exist between the two, but more importantly, if it were possible to work as an independent contractor under the aegis of a bank serving the long term investment needs of your clients?

Andy
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Old 03-23-2009, 09:58 AM   #3
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Quote:
Originally Posted by Andy Sol View Post
What is the difference between a Private Banker and an Investment Consultant?
What is the difference between a Retail and Institutional?
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Old 04-29-2009, 09:45 PM   #4
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private banking would probably deal with people with higher net worth (meaning the really,really wealth). investment consultant is a more general term and could dealing with the upper middle class up to the really wealth too.

retail would be the public: me and you. institutional : CPF or other bodies which invest huge chunks of money!
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Old 05-03-2009, 10:43 PM   #5
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Quote:
Originally Posted by ll_angel86 View Post
private banking would probably deal with people with higher net worth (meaning the really,really wealth). investment consultant is a more general term and could dealing with the upper middle class up to the really wealth too.

retail would be the public: me and you. institutional : CPF or other bodies which invest huge chunks of money!
1. rubbish.
2. partly right. A large part is pension fund.
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Old 05-04-2009, 10:19 AM   #6
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Originally Posted by spencer View Post
1. rubbish.
2. partly right. A large part is pension fund.

could you explain further on part 1? if it's wrong, I would like to learn more too.
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Old 02-11-2010, 01:51 PM   #7
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Private banking is basically serving clients, wealthy clients in particular. Offering them everything, from bank accounts to investments, tax planning and etc.

Investment banking is advising and doing certain things for companies, such as mergers and acquisitions, securities issuing, and etc.

Asset management is managing (investing) asset/money thru mutual funds, hedge funds and other structures.
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Old 10-27-2010, 11:53 PM   #8
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A private banker is the person who is in charge of managing the portfolios of bank customers with above average net worth in the form of liquid assets as well as investments in stocks, bonds and real property. Source: wisegeek.com

Investment Consultant is an advisor who helps investors with their long-term investment planning. An investment consultant, unlike a broker, does more in-depth work on formulating clients' investment strategies, helping them fulfill their needs and goals. Source: investopedia.com
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Old 04-12-2015, 07:14 PM   #9
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Indeed what you said is right about the difference of the two.
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