The Portable Private Banker: Investing Efficiently through mutual funds and etfs

Swiss private banking in either form is not for everyone: on average a Swiss private bank will require a minimum asset value of between 500,000 and 1 million Swiss Francs (although in some cases certain private banks will also accept affluent clients with a ‘mere’ 100,000 Swiss Francs to start with). Yet despite this restriction, it is not necessary to have any particular sum of money at your disposal to apply some of the good Swiss private-banking principles on your own. The Portable Private Banker has been written to help you do this, and that does not mean firing your advisors and using your money to buy and sell through daily trades on the stock exchange. In fact, quite the opposite. As the majority of private banks will today manage your assets through an investment in so-called Best in Class funds and ETFs (Exchange Traded Funds), this book adopts the same private-banking approach in managing your wealth: with funds and ETFs. The Portable Private Banker is used as a textbook for the Money Management class within the University of Cumbria MBA at Robert Kennedy College, Zurich, Switzerland.