Apparantly from the moment you own 500k or 1 million you get promoted at your bank and you get the honour of letting your money and capital being handled by some paper shuffler who is suposed to be in the know and capable of offering high returns. One would think those achieving some kind of financial wealth have the life knowledge to take their destiny into their own hands for better or for worse. Or you can ofcource decide to trust your money to some independent wealth management advisor....who drives a top class car.... simply earned on the fees of managing other people's money. I think a lot of the money these entities are alowed to manage is due to peer pressure amongst 'the rich' (not talking ultra rich here). You need to drive a fancy car, own a nice house and have your money handled by a top of the line house of finance. Sad really, cause these advisors obviously have as much of a clue then the next guy and if they did have quality advise available you'd obviously have to be a gigantic whale to be allowed into the inner circles. Any thoughts?