Expert assessment of Barclays Private Bank
Barclays is a very large, top tier private bank with a very strong brand name, making them a good option for senior international investors.
However due to its sheer size, private banking clients are likely to be treated as a number, and less likely to experience the traditional values you might expect from a private bank, such as trust and an uncompromising duty of care.
Barclays also lack independence and are only able to push their own products and services, as opposed to being able to offer you the best available in the market.
This is likely to result in higher fees.
Because Barclays 'do everything', their private bankers are also likely to be incentivised to sell you a bit of everything.
If you are already a private banking client of Barlcays, we would recommend a no-obligation Second Opinion to ensure you are on track to reach your ideal future.
Additionally, we are happy to review the financial plan that has led to the investment portfolio you currently have.
