This Business Is Built on Trust: J.P. Morgan's Erdoes

The video discusses the process of acquiring billionaire clients in wealth management, emphasizing the importance of building trust over years. It highlights the advisory role of wealth managers, focusing on structuring wealth rather than just managing it. The video also covers various aspects of financial planning, including tax considerations and family wealth distribution.

Describe the process of getting to know clients and their families in wealth management.

What are the different strategies a wealth manager might suggest to clients regarding their wealth?