Citi Private Bank is the
private banking
Private banking is a general description for banking, investment and other financial services provided by banks and financial institutions primarily serving high-net-worth individuals (HNWIs) – those with very high income or substantial asset ...
division of Citibank; it provides banking services to
high-net-worth individual
In the financial services industry, a high-net-worth individual (HNWI) is a person who maintains liquid assets at or above a certain threshold. Typically the criterion is that the person's financial assets (excluding their primary residence) are ...
s,
family office
A family office is a privately held company that handles investment management and wealth management for a wealthy family, generally one with at least $50–100 million in investable assets, with the goal being to effectively grow and transfer ...
s,
law firm
A law firm is a business entity formed by one or more lawyers to engage in the practice of law. The primary service rendered by a law firm is to advise consumer, clients (individuals or corporations) about their legal rights and Obligation, respon ...
s, and other institutions. According to the company's website, it has a minimum investment level of $10 million and a total net worth requirement of $25 million;
however, in some cases, these minimums are waived.
References
External links
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{{Authority control
Citigroup
American corporate subsidiaries
Financial services companies of the United States