Investopedia / Michela Buttignol Private banking consists of personalized financial services and products offered to the high-net-worth individual (HNWI) clients of a retail bank or other ...

private banking probably isn't necessary or cost-effective. Further, you may simply value the expertise and variety of products you can find outside of your bank. But that doesn't mean you shouldn ...

Private banking is offered by commercial banking ... that does not meet the Securities and Exchange Commission (SEC) definition of an accredited investor, which means they have less than $200,000 ...