Many banks provide private banking services to their wealthiest clients. The benefits include preferred pricing, hands-on wealth management, and other perks for customers seeking personalized service. Unfortunately, not everyone can qualify as a private banking client – a net worth of $1MM or more is usually required. This article will cover several perks of today's best private banking services. What are the Best Private Client Perks? Private client services vary between banks but can include any or all of the following: Dedicated advisor (or advisory team) Wealth planning Investment management Earn higher yields on savings accounts Preferred interest rates on mortgages and loans Waived wire transfer fees Complimentary ATM access Free safe deposit box Business banking benefits Estate planning Access to other professional services (accounting, legal) Many institutions invite you to apply for private banking with a minimum $1 million balance. However, some services m
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