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Traditional high net worth individuals and tamilies require advice onc folio str

ID: 2805004 • Letter: T

Question

Traditional high net worth individuals and tamilies require advice onc folio structuring wd irtertance planning long term investment strategies giobal investing and trading opportunities a and c O a and c QUESTION 4 0.5 points Save Answer Personal príivate banking services include barker's aoceptances and leters of credt Thue False QUESTION S 0.5 points Save Answer True Faise QUESTION 0.5 points Save Answer One pf dsadvantages of private equty is that mout of its iecome is treated as ardinary income Falne

Explanation / Answer

3) a, b and c

HNWI and families are amongst of the richest people and have to manage their wealth efficiently. Hence, they need advice on all the three options.

4) False.

Banker's acceptance and letters of credit are services required by businesses and hence, they are not covered in personal private banking.

5) True

6) False.

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