Lloyd90 Posted September 2, 2016 Report Share Posted September 2, 2016 Just curious if anyone on here has any insight into the banking world I wish it applied to me but sadly not, although someone I know. If an individual had the sum of £2.5M invested in a private London bank, in a safe investment portfolio, how much return would they expected ? Both pre and after tax? Just curious! Thank you for any insight Quote Link to comment Share on other sites More sharing options...
wildrover77 Posted September 2, 2016 Report Share Posted September 2, 2016 Invested in bank shares? What difference does a private bank make? Banks don't invest your money, fund managers do. Quote Link to comment Share on other sites More sharing options...
four-wheel-drive Posted September 2, 2016 Report Share Posted September 2, 2016 If I had that much money I would use it to buy ether land or houses both of these things in a small overcrowded country like ours will always go up in value and give you a rental income as well there is a nice little place not fare from me if you have the cash http://www.rightmove.co.uk/property-for-sale/property-60219542.html Quote Link to comment Share on other sites More sharing options...
Lloyd90 Posted September 2, 2016 Author Report Share Posted September 2, 2016 Invested in bank shares? What difference does a private bank make? Banks don't invest your money, fund managers do. Indeed, they have a fund manager who manages the portfolio and takes a cut of the profit as his fee. I also would like to nicest into property if it were me but sadly it is not lol! They do have several advisors though so they must know something we don't. Maybe the tax write offs are easier on the investments or something ? Quote Link to comment Share on other sites More sharing options...
AVB Posted September 2, 2016 Report Share Posted September 2, 2016 Just curious if anyone on here has any insight into the banking world I wish it applied to me but sadly not, although someone I know. If an individual had the sum of £2.5M invested in a private London bank, in a safe investment portfolio, how much return would they expected ? Both pre and after tax? Just curious! Thank you for any insight By safe I assume you mean low risk rather than no risk? Tax is hard to say as it depends on too many different permutation. 5-7% gross in the current market net of fees. Quote Link to comment Share on other sites More sharing options...
AVB Posted September 2, 2016 Report Share Posted September 2, 2016 Indeed, they have a fund manager who manages the portfolio and takes a cut of the profit as his fee. I also would like to nicest into property if it were me but sadly it is not lol! They do have several advisors though so they must know something we don't. Maybe the tax write offs are easier on the investments or something ? Invested in bank shares? What difference does a private bank make? Banks don't invest your money, fund managers do. A 'Private Bank' is very different to a high street bank. They specialise in providing bespoke banking services as well as wealth management and wealth preservation including tax planning. Quote Link to comment Share on other sites More sharing options...
four-wheel-drive Posted September 2, 2016 Report Share Posted September 2, 2016 After all of the problems that we have had with banks if I had a lot of money the last place that I would trust to look after it would be a bank or anything to do with stocks and shares the one thing that you can be shore of whatever happens they will not loose out with fees and charges etc etc they always come out on top even if you loose your shirt. Quote Link to comment Share on other sites More sharing options...
AVB Posted September 2, 2016 Report Share Posted September 2, 2016 After all of the problems that we have had with banks if I had a lot of money the last place that I would trust to look after it would be a bank or anything to do with stocks and shares the one thing that you can be shore of whatever happens they will not loose out with fees and charges etc etc they always come out on top even if you loose your shirt. How do you work that one out? Management fees are based upon a percentage the value of the assets under management. If your investment loses value then then our management fees decrease. We prefer the value of your investments to go up. Quote Link to comment Share on other sites More sharing options...
Lloyd90 Posted September 2, 2016 Author Report Share Posted September 2, 2016 After all of the problems that we have had with banks if I had a lot of money the last place that I would trust to look after it would be a bank or anything to do with stocks and shares the one thing that you can be shore of whatever happens they will not loose out with fees and charges etc etc they always come out on top even if you loose your shirt. Yea and even after all the ups and downs I rarely see the private banks having many problems! Quote Link to comment Share on other sites More sharing options...
Mungler Posted September 3, 2016 Report Share Posted September 3, 2016 (edited) How do you work that one out? Management fees are based upon a percentage the value of the assets under management. If your investment loses value then then our management fees decrease. We prefer the value of your investments to go up. You know you're about to go headlong into wasting your time don't you 😀 . Edited September 3, 2016 by Mungler Quote Link to comment Share on other sites More sharing options...
daveboy Posted September 3, 2016 Report Share Posted September 3, 2016 People think Coutts is a private bank but it is owned by the Royal Bank of Scotland (RBS) Quote Link to comment Share on other sites More sharing options...
four-wheel-drive Posted September 3, 2016 Report Share Posted September 3, 2016 I see on the news today that the banks are putting the intrest that they pay us down to next to nothing but then why should they not as the government is printing out billions and lending it to them for %0.00000000000000000000000000001 they may as well just give them the money they will then lend it out to us at %15 or more nice work if you can get it. Quote Link to comment Share on other sites More sharing options...
mel b3 Posted September 3, 2016 Report Share Posted September 3, 2016 I see on the news today that the banks are putting the intrest that they pay us down to next to nothing but then why should they not as the government is printing out billions and lending it to them for %0.00000000000000000000000000001 they may as well just give them the money they will then lend it out to us at %15 or more nice work if you can get it. Then the best thing to do is use my method , dont borrow anything and you dont have to pay any interest. If want something , I save up beforehand and pay cash , if I cant afford to save the money then I cant afford it , its the interest free way , and it makes life much less stressful. Quote Link to comment Share on other sites More sharing options...
Wb123 Posted September 3, 2016 Report Share Posted September 3, 2016 Depends on your appetite for risk. My brother is in this line of work and has averaged 15% a year for me, but its not on a low risk strategy. He tells me his high risk fund is up 27% for the year so far. Quote Link to comment Share on other sites More sharing options...
Lloyd90 Posted September 3, 2016 Author Report Share Posted September 3, 2016 Depends on your appetite for risk. My brother is in this line of work and has averaged 15% a year for me, but its not on a low risk strategy. He tells me his high risk fund is up 27% for the year so far. One hell of a return although I know they have a low risk outlook. Just curious, what kind of input would you need for a fund like that ? Quote Link to comment Share on other sites More sharing options...
button Posted September 3, 2016 Report Share Posted September 3, 2016 People think Coutts is a private bank but it is owned by the Royal Bank of Scotland (RBS) Coutts is a private bank Quote Link to comment Share on other sites More sharing options...
Wb123 Posted September 3, 2016 Report Share Posted September 3, 2016 (edited) One hell of a return although I know they have a low risk outlook. Just curious, what kind of input would you need for a fund like that ? In my case i get access as i am family. I think commercially it tends to be £100,000 minimum deposit, but you wouldnt put all your eggs in one fund. To be fair im not sure what you get that investing in a suitable fund through your stockbroker doesnt provide, beyond being able to call your fund manager for a chat. Edited September 3, 2016 by Wb123 Quote Link to comment Share on other sites More sharing options...
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