Part 4/11:
Banks often present low or zero-fee accounts, but that doesn’t mean they are the best option for your wealth management needs. Sometimes, paying fees can be worthwhile, especially if the bank provides stability and reliable asset management.
Lesson 7: Your Banker is Your Ally
In situations where banks are strict on compliance, having a helpful banker can be an asset. They act as mediators, aiding in the management of your banking affairs. A good banker will help you navigate and enhance your banking experience.
Lesson 8: Speak Cautiously With Your Banker
While communicating with your banker, remember that they’re still aligned with the bank. Treat conversations with caution, speaking more like a compliance officer, as any information shared could impact your account negatively.