Piggy bank plus: What exactly is wealth management, how did it emerge and who needs the services of a wealth manager? Dr. Harry Hurzeler, Dean of the Swiss Banking School, provides some answers.

Swiss News | October 1, 2002| | Copyright

Today, banking has expanded and diversified into many specialized services--one of them being that of private banking. Once a quiet discreet service, private banking has now become a highly dynamic and competitive business that takes more than just the factual knowledge of numbers and investment opportunities into consideration.

What is It?

"In Switzerland," says Dr. Harry Hurzeler of Swiss Banking School, "wealth management is synonymous with private banking. Typically, private banking will advise people with a liquid wealth of over one million--Swiss ...

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