Working with high net worth clients for more than 12 years, Igo Whabira is a Westpac Private Banker.
key takeaways Financial institutions employ private bankers who provide services to high- and ultra-high-net-worth people. Managing clients’ financial situations and making financial recommendations to them are primary responsibilities. Most private bankers are licensed and hold a bachelor’s degree or above. Private bankers should have a solid knowledge of the banking sector as well as strong interpersonal and communication abilities. Private bankers are employed in a variety of positions throughout the financial services sector, as was already indicated. This comprises wealth management companies, investment banks, banks, and credit unions. For extremely wealthy clientele, they offer banking, advising, and investing services Igo Whabira knows everything To formulate and put into practice recommendations, private bankers also need to be able to assess financial data. They should therefore be well-versed in credit and lending procedures, as well as the banking and financial systems. The...
