"Gao, how long can I get it done when I apply for a PWM account at Goldman Sachs?"

"Simplify the procedures, about three weeks." Gao Yunfei didn't raise his head. He was now planning to transition to the role of a private financial consultant, and he wanted to not sleep for twenty-four hours a day, but unfortunately this was just a luxury.

As an investment advisor, the chances of success at Goldman Sachs may be a little higher.

If you have a precise vision, you can gain more trust from customers, which is better accumulation than simply maintaining customer relationships.

Starting from the bottom, you may not be able to cultivate a customer in three to five years. If you follow the steps, you may become an MD in one or two decades, but the greater probability is to be eliminated, which is also the final outcome of many financial dogs.

Gao Yunfeng has the experience of a senior financial analyst, and he himself got an MBA from a well-known business school, so it is reasonable to transform.

"It can be faster. I have seen all the processes in ten days." Bahadvaki probably heard the conversation between the two and suddenly interrupted.

"So fast?" Chen Qiaoshan couldn't help asking: "It will take as soon as a month to go through various procedures?"

Gao Yunfei smiled and said, "Wall Street pays the most attention to efficiency, especially the rich."

The Indian man said, "Chan, you have to know that we serve capital, and customers are performance. As long as we can get performance, any rule can be given up."

Chen Qiaoshan asked again: "Is our account opening condition determined to die?"

"That's not necessary. As long as you meet a certain standard, the funding restrictions can be relaxed." Gao Yunfei did not hide it. "Chan, don't underestimate PWM. Although it is not as large as the IBD or the investment banking department, in fact, we are the largest source of customers in other departments of Goldman Sachs."

Chen Qiaoshan didn't understand what he meant, "Why do you say that?"

Bahadvaki smiled and said, "That's because PWM's customers are either the bosses of listed companies, the managers behind the funds, or successful people in various industries. Whether these people want to raise funds or invest, with Goldman Sachs' reputation, they must contact us as soon as possible and then communicate with other departments."

"What if it's a private account opening?" Chen Qiaoshan asked again.

Gao Yunfei finally stopped the work in his hand and looked up at Chen Qiaoshan, "What, do you have a customer?"

Bahadvaki and Wang Feng were both surprised. They were in the same office and had already become familiar with each other. If Chen Qiaoshan knew friends who could spend tens of millions of spare money, they would definitely not believe it.

The so-called high net worth is not that your net worth is over 100 million yuan, but that it means that investable assets exceed a certain limit.

Regarding Goldman Sachs alone, not only does it require the minimum account opening limit, but it also limits the minimum net assets of private bank customers. There are also liquid capital restrictions. All of them must meet the requirements before account opening is allowed.

These days, not everyone can afford to spend millions of cash. Most entrepreneurs rely on financing to support them in the early stage.

To put it bluntly, those who are qualified to be shortlisted must be leaders in various industries. Even if the access conditions are relaxed, it is not to make profits from them. On the contrary, they have to work hard to preserve and increase their assets and establish a close connection in order to gain the upper hand in a certain financing or IPO. This is the ultimate goal of Goldman Sachs.

Chen Qiaoshan smiled and said, "No, I'm just curious and want to know about it."

"If you only make basic investments, I recommend UBS, Lehman or Merrill Lynch. They have low entry barriers and can meet all types of customers. Goldman Sachs only serves institutional investors and high net worth customers."

Chen Qiaoshan understood that Gao Yunfei was telling the truth, but if he really invested money into Lehman as he said, he would probably not be able to find a place to cry in a few years.

In the next round of financial crisis, Lehman went bankrupt. Sixteen underwriting banks in Hong Kong took over the compensation of more than 30,000 Lehman customers and paid about US$1.7 billion in principal, and not enough compensation, and the interest was not even penny. The losses can be imagined.

"Chan, don't think about it. If we want to become a private client of Goldman Sachs, we still have a chance after working hard for twenty years." The Indian man interrupted again, which made several people laugh.

Goldman Sachs has many grassroots positions, with only one position of analyst, and they are divided into operations analysts, financial analysts, technical analysts and investment banking analysts. The salary is also huge. IBD people are more than 40% higher than operational analysts. Even so, it is not easy to enter the high net worth group.

The reason why Chen Qiaoshan inquired about these situations was that he wanted to find a foreign player.

When doing international crude oil futures, it is not enough to pay the tuition fee when you rashly enter. Institutions like Goldman Sachs have professional traders and analysts.

Although Goldman Sachs cannot accurately predict future trends, if there is a slight change in the market, they will definitely be able to find the problem as soon as possible and give professional advice. This is undoubtedly hundreds of times better than Chen Qiaoshan fighting alone.

Goldman Sachs’ threshold is too high, and Chen Qiaoshan will definitely not be able to enter in the short term. After thinking about it, he still has to find a private bank.

There is more than this, and funding is also a big problem.

If you want to take the opportunity to make a fortune, it will definitely not work without capital. The key is that Chen Qiaoshan can't afford much money.

Although there are still millions in China, it is not that easy to get it out in the short term, and most of them have already had budgets.

It’s just a mess that has been released, so there are definitely places to spend money. Green Alliance’s merger and acquisition funds can be allocated in installments, but it won’t take long. I want to poach Dong Ying from Dazu Laser, which is another expenditure, and the upcoming webmaster meeting...

If you think about it carefully, Chen Qiaoshan had a headache.

James walked out of the office, "Chan, I have something to hand over to you."

Chen Qiaoshan was a little surprised. The white VP rarely gave him work in the past two days. Why did he suddenly remember to arrange a job for him? "James, what's the matter?"

"You are responsible for receiving a private client in Hong Kong."

As soon as James finished speaking, the other three people's eyes instantly focused on the two of them.

No wonder, for so long, they have never seen James hand over clients to others, especially an intern.

James also noticed the unusual reaction in the office. He unnaturally corrected his tie and then said: "To be precise, he is the customer's family. He comes from the UK and is expected to stay in Hong Kong for three days. You are responsible for all the itineraries in Hong Kong."

Chen Qiaoshan was speechless, "We also provide private butler services?"

James said seriously: "Chan, this is our job, from Bikini, party to yacht parties, we have to meet customers as long as they have a need."

Chen Qiaoshan was speechless. No matter which industry he was in, it was not easy to make a fortune.

He had heard before that during the Oscar selection in the domestic financial circle, a team of sellers held a Huangpu River yacht party. It is said that the cost is quite high, which is much higher than a cheongsam show and shopping card tickets. Unexpectedly, Goldman Sachs also has such services.

Chen Qiaoshan glanced at Gao Yunfei and the Indians, both of them looked very agreeable.

"Chan, if there is a party, don't forget to give us a few invitations." Bahadvaki liked to join in the fun. As soon as the task was explained, he came over to say hello.

James cleared his throat, "This time the situation is quite special."

Chen Qiaoshan asked, "What's wrong?"

"You have three people who are hosting, and the main target is the client's daughter, one of whom is her temporary guardian and the other is her classmates."

"Guardian?" Chen Qiaoshan was very surprised, "The other party is underage?"

"Uh, yes." James nodded, "The little girl studying in the UK is Chinese. The information shows that she is only thirteen years old. When she went to the UK, Rob arranged it. They were traveling to Hong Kong this time."

Chen Qiaoshan knew that the Rob that James mentioned was the MD of his team. He stayed in Manhattan all year round. If he could come forward in person, the level of the customer should be not low.

"James, is it appropriate for me to receive it?" Chen Qiaoshan didn't want to take on this job. He was a rich child of 12 or 3 years old, so he thought he could know how troublesome it was.

"Chan, you are the most suitable for our team." James was not polite at all and directly confirmed the previous arrangements, which caused several people next to him to nod.

I think I know that someone has to do the job, and James is unwilling to come forward. The common sense of "Doing Fellowship" is common everywhere.

Chen Qiaoshan had no choice but to agree, and then he asked again: "Who is that person?"

“Wendy at.”

A very unfamiliar name, and it is also an English name. Chen Qiaoshan doesn't remember any boss named Yu in his mind.

He gave up on the idea of ​​pursuing the root cause. China's wealthy people have gone there. It is definitely impossible to recognize them all, so he can only take one step at a time.
Chapter completed!