The Client is a very successful businessman having Investment portfolios across many different Private Banks and Regional Banks. While the client has a family accountant who oversees these banking/ investment relationships to ensure that deposits are placed, coupons are received, maturity proceeds are re-invested and so on. The problem the client faces is that he does not have a consolidated view of his investments. This issue became more pronounced during periods of crisis, when he realised he had multiple exposures in the same underlying across different banks through different investment vehicles. Also, he could not get a one-shot view of his portfolio underlyings or performance at any point in time to enable him to take any remedial action. Also, in some of the old accounts the portfolio values were not significant enough to get the right attention and pricing from the Banks.

Our process – Worked with the Client to rationalise his Bank accounts to close the unwanted ones, open new relationships where gaps were seen and more important got the Client a Consolidated view of his Portfolio across banks. Also, with a full view we were able to re-balance the portfolio in line with the client objectives for better risk adjusted returns.