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| *Ostroff, Fair and Company>>>Financial Services |
Why do rich have their own special banks? |
Why do rich have their own special banks? These high end banks compete for clients because of the money they have. These banks also carry extra insurance to cover losses. Most "regular" banks are only federally insured to $100,000. What rich people do you refer to.? I have many wealthy people I take care of and some of them bank at the same bank I do what is the name of these special banks and where are they located? |
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