The main services of private banks are asset management, investment planning, providing special services according to customers' needs, and saving tax and financial transaction costs for customers by setting up offshore companies and family trust funds.
The contents of private banking services are very extensive, including asset management services, insurance services, trust services, tax consultation and planning, heritage consultation and planning, real estate consultation and so on. Every client has a dedicated wealth management team, including accountants, lawyers, financial management and insurance consultants. Generally speaking, private banks provide customers with one-to-one full-time account managers, and each account manager is supported by an investment team. Through an account manager, customers can manage various financial assets distributed in money market, capital market, insurance market, fund market, real estate, bulk commodities, private equity and so on.