Funding the "Family Bank"

Strategic Credit Solution

As I have demonstrated in previous posts, the key to stimulating borrowing by Wealthy Individuals is showing each client the Economic Value to be gained by the use of a Strategic Credit. The credit strategy described here will not only provide the family with measurable economic benefit through aiding in preservation of their current wealth and accumulation of additional wealth but may also assist their efforts toward fostering generational responsibility. 

I will leave the reader to muster their own research on the reasons High and Ultra High Net Worth families should consider creating a Family Bank.  The research is extensive and very easy to find in libraries and throughout the internet. 

My focus here is on the use of a Strategic Credit Facility with which to fund the Family Bank and its activities.  In the downloadable Linked Power Point I'll describe the economic benefits that families can derive from this strategic credit approach and, importantly, how the understanding and application of this concept can aid Private Wealth Group Managers drive credit balance outstanding growth and increase profitability within their banking divisions.  Additionally, this brief presentation illustrates the structure of the bank line of credit that provides the funding and its typical funding mechanics.  Please download the PowerPoint and take a look.  

Don't hesitate contacting me directly if you'd like to discuss the concept in more detail or discuss how Strategic Credit Solutions might help your Wealth Management Team attain its Credit Sales potential.

Your "likes," "comments" and "shares" are greatly appreciated.

Mark S. Johnson
Strategic Credit Solutions

marksthephnejohnson@comcast.net

@creditstrategic

404-909-5167