“Independent asset managers are entrepreneurs at heart. Many have started their own businesses after gaining deep experience in private banks or large investment houses. They recognize that those two business models don’t properly serve those looking for lower account minimums with the superior service found at smaller firms. Most Swiss independent asset managers feature tight, professional teams of four to five deeply experienced members. These managers are going about it the right way. They are registered with the SEC and they work with the very same private banks that decided to say good-bye to American clients.”
http://sovereign-investor.com/2013/07/26/the-silver-lining-as-banks-say-no-more-americans/
Related posts:
Naomi Wolf: The coming drone attack on America
The Age of Authoritarianism: Government of the Politicians, by the Military, for the Corporations
Will Grigg: Why is it a “Crime” to Disarm a Uniformed Aggressor?
Inflation: Robbing You Since the 10th Century
Former CIA Officer Philip Giraldi: 'Edward Snowden Is No Traitor'
Obama Has Decided That It Is Safer To Buy Congress Than To Go It Alone
What does crowdfunding replace or displace?
The Road to the Permanent Warfare State, Part 12 - Gregory Bresiger
Why Foreign Real Estate is an Internationalization Grand Slam
Paul Craig Roberts: Why War Is Inevitable
John Kerry’s Tender Sensibilities
A $100k earner gets to keep $99k in Singapore but $57k in San Francisco
I never knew how screwed up global banking was until I started my own bank
Don’t Call the Cops If You’re Autistic, Deaf, Mentally Ill, Disabled or Old
The States Could Reform Obamacare If Only We Would Let Them