Difference from private banking
Banks always bear their interest, so a conflict of interest is inevitable.
Banks offer high-margin products and seek to maximize benefits and minimize costs. No matter how many employees a bank has, it has even more customers. According to statistics, one manager in a bank may have up to 200 people assigned to him. At an EAM company, one specialist works with 10-15 clients at most.
The bank receives its income from any transaction, which does not depend on the financial result: whether your portfolio shows a profit or a loss, the bank will receive its commission in any case. An EAM company, on the other hand, receives its main reward for success. We are directly interested in showing the highest possible return.