Banks that set Offshore Asset Protection for you?

[justanotherguy]

In this thread:

Why people paying fee for custody or wealth management , when you can buy low fee index fund etf by yourself ?

I see in this forum , so many people are discussing wealth management and its provider, they charge crazy amount of the fee for their service like UBS, DBS , Barclay , BNP Paribas etc. When You can buy low fee or zero fee Index ETF for that. Some says that You can diversify your portfolio...

www.offshorecorptalk.com

Martin mentioned that wealth management banks like UBS, BNP, etc. can set up offshore asset protection on your behalf?

Is it still true? And how good would they do it?

 

[JohnnyDoe]

There are banks that do that, with the support of law firms they cooperate with. You need to be a suitable client of course ($5m+)

 

[justanotherguy]

There are banks that do that, with the support of law firms they cooperate with. You need to be a suitable client of course ($5m+)

Are their methods good, like some Nevis / Belize,etc. setup or some sh**ty republic just because they have a branch / office there?

 

[JohnnyDoe]

Are their methods good, like some Nevis / Belize,etc. setup or some sh**ty republic just because they have a branch / office there?

There is no cookie-cutter method that is good for everyone. Any serious planner will consider your situation and setup a solution specific for you.

 

[jafo]

There are banks that do that, with the support of law firms they cooperate with. You need to be a suitable client of course ($5m+)

Ohh....I vividly remember BSI! The 90s and early 2000s BSI, of course. They were just amazing! Good old days

PS. I really miss those guys!