Why you want a local private banker

June 01, 2021

So you like the idea of private banking, an exclusive banking service for high net worth individuals. You have decided that a collaborative, holistic, and highly personalized approach to your wealth is the best choice for you, and that the concierge method of private banking is the way to go. But who should provide these services? National banks and brokerages of nearly every size offer some type of the service, so why stay local? Read on for some key reasons we think choosing local is the right move for your big picture.

Nearby, if you need us

As a private banking client, you’re paired with individuals or teams who handle all your financial tasks within the bank — all designed to save you time, grow your wealth, and help you achieve your goals. Private banking clients don’t need to step into a branch to get help or make transactions when their relationship manager is just a phone call away… but it’s also nice to know that the branch is available, right in your community. And for a local bank, community is everything.

Under one roof

While the concierge nature of private banking is definitely appealing to a busy professional, that’s not all private banking offers. A holistic, dynamic approach that is designed to grow with your evolving goals and priorities is crucial — and it’s even better to know that all the departments and services that make up your customized financial plan are not just under one financial roof, they’re in the same city. That means your relationship manager is as familiar with the rest of your team of experts — folks with deep experience in investment and wealth management, financial planning, estate planning, lending, mortgages — as they are with your specific financial situation. This places them in the position to work on your behalf, ensuring your wealth management strategies revolve around your specific needs. This same philosophy applies to your business needs, with commercial lending and wealth management in that same community network and often under the same roof — literally. And if you already have an outside advisor you trust and want to continue working with, we’re happy to partner with them on your behalf to make sure all of your finances are working together.

Local all the way to the top

Choosing local means that those responsible for making key decisions that are relevant to your financial well-being are local, too. More than 50 years of family ownership, along with local decision makers, allows UBT to be more flexible, accessible, and timely than other banks. Wouldn’t it be great if all of your money “guys” (and gals!) knew each other?

Giving back

We know how important the health of the local economy is to you, as is giving back to the community — the community in which we all live, work, and worship. UBT not only has a local presence, we have strong roots in the communities we serve and a culture of caring. We invest 2% of our profits in the community annually and empower employees of all levels to be leaders in philanthropy by donating their time, talent, and treasure. Whether we’re planting trees in city parks or donating life-saving blood, we’re eager to roll up our sleeves and make a difference.

We’d like for you to experience this culture for yourself and see what a difference private banking can make in your busy life. Learn more about our expert teams and services, and then let’s talk!

  • Business
  • Private Banking

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