It’s a statement made by a client. The question is why?
There was no need for borrowing. Instead, Coutts managed assets under a wealth management service using their own propriety investments.
There were also conflicts of interest.
Whilst Coutts did work for the client in earlier years, it was clear they were now paying for services they did not need.
Inevitably the cost of a relationship became very expensive.
To challenge your own decisions, you need to be open-minded, curious, and courageous. If you are not, it’s easier to stay doing what you’ve always been doing.
If you are open-minded, curious, and courageous, let’s have a conversation.