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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I worked at a financial company doing concierge for high net-worth clients. This included paying their bills for them (and their staff etc). This was about 20 years ago and you had to have at least $5 million invested with the company for this service. I had five clients. One (about $40 million in investments) very much lived an obvious lifestyle. One (about $15 million in investments) routinely had a credit card bill that included places / amounts similar to what I would spend (ie eating at chipotle, shopping at the Gap etc).  The others were somewhere in between. [/quote]

Was this service free?[/quote]

DP but my experience with these kinds of firms is that the management fees are pretty comparable everywhere and quite high in the end (even though they get lower for each level of millions but it still comes out to a lot). So the firms compete with what services are included.  Obviously management of the investments but then also some kind of wrap around stuff like advising on trusts, philanthropy etc.  [/quote]

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