Provide a Private Banker/Wealth Manager at the time of exchange to initially park the funds in an overnight high yield interest rate account that will yield a minimum of 1% per month.
Family Office Services
Perks can be based on AUM (Assets Under Management) in a tier grid
Discounts on AUM fees
No fees ever - no fee to deposit/wire transfer money
Provide Excess Deposit Insurance (i.e. Lloyds of London and/or Travelers)
Provide Senior Wealth Managers/Investment Bankers for selection
Tax/Business/Estate Attorney & CPA
Private transactions representation –assistance in buying a house/car/anything
Free Due Diligence Services provided for outside investment opportunities
100% funding availability
Unlimited Platinum or Black Visa Signature Debit & Credit Card with no ATM fees
Line of Credit available
Group Health Insurance - to cover the signers and families of depositors
Guarantee 12-15% interest per year on deposits
Bank Trading Platforms & Repurchase Agreement Sweep Accounts
Short Term/High Yield Interest Rates
Assist in opening an offshore bank account with affiliate bank for foreign investments
Access to information on great investment opportunities
Pre-IPO deals
Provide free Executive Privacy Plus subscription with Reputation.com
Sports tickets in suites and on the floor (Football, Basketball, Baseball, Boxing, Tennis, Golf, NASCAR & etc.) Also, special events like the Super Bowl, NBA Finals, College Bowls, NCAA Final Four, World Series & the Olympics. Based on AUM in a tier grid
Entertainment & Concert tickets in suites and on the floor (Music Concerts, Entertainment Awards Shows, Premier Movie Screenings, TV Show tickets & etc.) Based on AUM in a tier grid
Limousine & VIP transportation based on AUM in a tier grid
Private Jet Travel (5-25 flight hrs. per mo.) based on AUM in a tier grid on flight hours per month
First Class seats/commercial airlines based on AUM in a tier grid
Private Yacht access/usage (40 hrs. annually) based on AUM in a tier grid on access/usage hours per year
Donations to our favorite charities (Banks matching a certain percentage)
Prime seats at charity events
Suites at Luxury Hotels & VIP Dinners at Restaurants based on AUM
Maybe I am off base but I think that list of perks is a bit much. No safe deposit box for me..I hear they can get raided and looted. No black card or debit card for my big account either..too risky. No game tickets..not into sports..but I know many are. Private jet service..hmmmm..at $1500 or so an hour..I'll take 1st class and be thrilled. I would add a 9" Android tablet, dual cams with keyboard and case. Glad to see the health insurance mentioned. I think many would like that. 100% funding availability? So that means you have the option to remove all your funds and still expect all these perks?? uh..really? That doesn't sound quite fair. IMHO
yes, I liked Tony's advice to just go through the perk lists and decide on what's important to you and ditch the rest.
Here's something I copied over from the old forum to my notes. I think it was originally posted by "Ricardo". thanks Ricardo!
By Ricardo - Something I have been working on... collecting everyone elses Great Ideas! Feel free to make suggested changes for Everyone's benefit!!!
Bank Perks Agreement
The following benefits will be available and apply to all accounts as long as a minimum balance of $_____________________USD (or it’s equivalent) is held in one or more Wells Fargo accounts by Resonance LLC or another entity who’s primary signatory is the client, Hope I. Wynn. All benefits will be available for my immediate family (son, daughter and their domestic partners) as long as the above requirement is maintained.
Banking Services Complimentary Notary Services Free courier services and overnight delivery with return Two free safe deposit boxes (largest available, at preferred branches) No fee/charge for cashing any form of check. Free Traveler’s Checks
Wires and Bank Checks No fees/charges for obtaining certified/cashier’s checks or money orders. No fees/charges for sending/receiving domestic or international wires.
Foreign Exchange No spread fees or foreign currency exchange fees on foreign currency exchange. Bank rate (“no spread,” zero difference) on all currency exchanges.
ATM/Debit and Credit Cards No annual fees on all credit cards Zero percent APR on all credit cards (Visa, MasterCard, et al) for purchases and cash advances if paid in full within six months, followed by 2% APR on any remaining balances. No cash advance fees. Fully adjustable debit and credit card withdrawal limits set by card holder, changeable 24/7 Guaranteed “next day” replacement of lost or stolen cards. No fees for additional debit cards (ie “linked” debit cards for employees, children, home staff, et al with specific monthly spending and withdrawal limits set for each cardholder.)
Checking and Savings Accounts As stated above, all accounts shall be free of all bank fees and service charges as long as the client maintains a balance of $______________________USD (or it’s equivalent) is held in the client’s accounts.
These fees/charges include, but are not limited to: Free checks (No fees or charges for any checks, including online overnight checks/payments from BillPay). No online banking fees, checking account or savings account fees; No ATM or human teller fees, non-system ATM fees, debit or credit card fees. No international/foreign transaction fees; transfer redirection charges, overdraft fees, excess transfer fees, returned deposit fees, stop payment fees. No monthly or annual account maintenance/service fees or card fees, inactivity fees, account closing fees, lost card/replacement card fees, Any “non-system” or “out of system” banking or ATM charges/fees will be paid for by Wells Fargo and reimbursed to my account within three business days. In the event of any accounts being closed, all estate administrator fees will be paid by Wells Fargo.
Loans Maximum 0.5 percent above Wells Fargo’s ____________________ bank rate from mortgages, real estate, auto and business loans No loan application fees
Transactions There will be no limitations of time or amount, penalties, charges or fees on transfer or withdrawal of funds from any of the client’s accounts.
Concierge Services and Misc Benefits Complimentary Concierge Services 24/7 Complimentary premier lounge access at airports, ballparks, arenas, hotels, clubs, et al worldwide.
Insurance Lloyd’s of London / Abbot Downing? insurance coverage for all accounts
Private Banking Dedicated Private Banker / private banking services available 24/7 Upon request Private Banking will provide information and access to pre-IPO offerings and other “by invitation only” investment offerings. No charges, fees or annual membership dues for full and unlimited access to Wells Fargo Commercial Electronic Office® (CEO) Portal or similar online executive banking management and market analysis services. After hour appointments on request
Dispute Resolution Any and all disputes will be resolved by an independent third-party mediator. Their opinion will be binding and serve as a final ruling. All parties will honor and abide by their decision.
I, _____________________________________, attest to my authority to grant the above benefits and services provided by Wells Fargo Bank, it’s subsidiaries and associates.
_________________________________________
James O Smith Senior Vice President Private Banking Wells Fargo Bank Branch address Las Vegas, Nevada
ATTN: LC - Could you tell me the date you posted "Getting Off the Grid" under General Discussion? There are hundreds of pages to go through and after the first 20 pages I gave up.
Thanks for providing this type of information to TNT Members.
Good list, some I would be embaressed(sp) to ask for with the $ we will have. I may have $ like the 1%, I am not going to act and become part of the 1% !!
Consider parking a maximum of 10% of the exchanged funds with private banking for at least 12 months and received a minimum 40% annual return due to bank profits made from overnight sweep deposit accounts as consideration that include compounded interest daily.
Family Office Services
Perks can be based on AUM (Assets Under Management) in a tier grid
Discounts on AUM fees
No fees ever - no fee to deposit/wire transfer money
Provide Excess Deposit Insurance (i.e. Lloyds of London and/or Travelers)
Provide Senior Wealth Managers/Investment Bankers for selection
Tax/Business/Estate Attorney & CPA
Private transactions representation –assistance in buying a house/car/anything
Free Due Diligence Services provided for outside investment opportunities
100% funding availability
Unlimited Platinum or Black Visa Signature Debit & Credit Card with no ATM fees
Line of Credit available
Group Health Insurance - to cover the signers and families of depositors
Guarantee 12-15% interest per year on deposits
Bank Trading Platforms & Repurchase Agreement Sweep Accounts
Short Term/High Yield Interest Rates
Assist in opening an offshore bank account with affiliate bank for foreign investments
Access to information on great investment opportunities
Pre-IPO deals
Provide free Executive Privacy Plus subscription with Reputation.com
Sports tickets in suites and on the floor (Football, Basketball, Baseball, Boxing, Tennis, Golf, NASCAR & etc.) Also, special events like the Super Bowl, NBA Finals, College Bowls, NCAA Final Four, World Series & the Olympics. Based on AUM in a tier grid
Entertainment & Concert tickets in suites and on the floor (Music Concerts, Entertainment Awards Shows, Premier Movie Screenings, TV Show tickets & etc.) Based on AUM in a tier grid
Limousine & VIP transportation based on AUM in a tier grid
Private Jet Travel (5-25 flight hrs. per mo.) based on AUM in a tier grid on flight hours per month
First Class seats/commercial airlines based on AUM in a tier grid
Private Yacht access/usage (40 hrs. annually) based on AUM in a tier grid on access/usage hours per year
Donations to our favorite charities (Banks matching a certain percentage)
Prime seats at charity events
Suites at Luxury Hotels & VIP Dinners at Restaurants based on AUM
