Originally Posted by aussieplat
I hear the same story re Centurion and Amex Private bank but I don't believe you really have to have a million bucks to invest with them.
They have arrangements for people with a few tens of thousands of dollars. I believe a few million is only for signature porfolios and I don't think they would refuse your money.
You should not be a US citizen though.
I am not sure about your chances of getting Centurion that way.
I read the client qualification on their website, but Im sure they have exceptons. I know there are cases where a Private Bank will consider the net worth and the income the client can generate for the bank, like loan fees, interests, etc.