Access to leading private banks, through advisers with deep private banking experience.
With over 80 years of collective experience working within private banks, our team understand the restrictions and conflicts that can occur with a direct private banking relationship.
Operating as an independent External Asset Manager, GSB Private ensures the perfect balance of independence, service, value and accessibility, working with a carefully selected panel of private banks around the world.
At GSB Private, we sit on your side of the table, managing and operating your private banking relationships via a single and trusted point of contact focused on helping you achieve your objectives.
Why High Net Worth and Ultra High Net Worth clients rarely get the full range of services that they need
No single private bank can do it all.
That may be due to limitations in proposition, the bank’s risk appetite for certain clients or transactions, or cross-border issues that arise from advice being provided in multiple jurisdictions.
As wealth becomes more complex, clients often benefit from access to a broader range of services, expertise and solutions than may be available through a single institution.
The most experienced clients recognise this early, never relying on a single bank or custodian.
Rather than clients then having multiple bankers at multiple banks, all jostling for an increase in wallet share, they appoint an independent External Asset Manager like GSB Private to structure and oversee multiple relationships (where required) on their behalf.
This helps filter out the noise and stress, ensuring that clients receive coordinated advice that is independent of any single institution and access to a broad range of solutions available in the market.
The independence that changes everything
As an independent External Asset Manager, regulated by the DFSA, we sit between you and the private banking world. We access it on your behalf, negotiate on your behalf, and coordinate across institutions to ensure that you are never shoehorned into a single bank or solution.
We compare institutions side by side and frequently review service levels and suitability. Our scale with each of our partner banks means we are able to negotiate pricing terms on your behalf across custody, lending, management and trading fees, with the aim of improving the commercial terms available to you.
Our independence ensures every decision is made in your interest, not the bank’s
“I was endlessly frustrated working for banks where you would build a strong relationship with a client and then reach the limits of what that institution could offer. GSB Private was built on the foundation of finding a better way.”
What private banking looks like when it works in your best interests
We bring together the services and solutions of a carefully selected panel of private banks, custodians and financial institutions. These services and solutions are coordinated, independent and built around your objectives.
Private bank access & account opening
We open and operate accounts for clients with a carefully selected panel of private banks and custodians across multiple jurisdictions. Where complexity exists through ownership structure, nationality, source of wealth or residency, we navigate this on your behalf. Our relationships may provide access to banking solutions that can be difficult to access independently.
Investment management & portfolio oversight
We provide independent oversight of your investment portfolio, whether managed on a discretionary or advisory basis. Operating across multiple custodians, we ensure your investments are aligned with your broader objectives rather than the product range of any single institution.
Treasury, FX & cash management
For clients with assets, income and expenditure across multiple currencies and jurisdictions, treasury management is not a secondary concern.
We seek competitive foreign exchange rates, manage multi-currency accounts and provide liquidity solutions that reflect the genuine complexity of your financial life.
Reporting & consolidated oversight
We provide consolidated reporting across all institutions, giving you a clear and complete picture of your wealth regardless of where it is held. As your circumstances evolve, we coordinate across your advisers, banks and legal partners to ensure everything remains aligned.
Most firms claim to be independent. Few actually are.
Independence means different things to different firms.
No proprietary products
We have nothing to sell you except our advice. Every recommendation is driven by what is right for your situation.
No bank allegiances
We have no revenue sharing arrangements with any bank or custodian. Our only obligation is to you.
One consistent relationship
Our clients deal directly with us, not a rotating cast of relationship managers. The same team, across the full picture of your wealth.
And it means that when complexity arises, whether through cross-border structures, sensitive account opening or multi-jurisdictional holdings, we have the relationships, the experience and the independence to find a solution.
We work with clients whose financial lives do not fit neatly into standard banking frameworks
Our clients include internationally mobile executives, entrepreneurs and families with assets across multiple jurisdictions, institutions and structures, where independent oversight and coordination are critical.
Internationally mobile executives & entrepreneurs
Clients whose careers, assets and families span multiple countries and whose banking needs have outgrown what any single institution can offer.
Complex structures & ownership
Trusts, foundations, special purpose vehicles and family holding structures where account opening, custody and investment oversight require specialist navigation.
Clients navigating a change of bank
If a bank changes its appetite for your business, we find an alternative solution without any disruption to your relationship or continuity of service.
The team behind private banking
Our team has spent their careers inside the private banks we now negotiate with.
We understand how credit committees operate, how investment decisions are structured, and where institutional constraints limit what clients are offered. That insight allows us to position our clients more effectively, challenge decisions where needed, and help clients navigate relationships across institutions more effectively.
David Smylie
Group Head of GSB Private
Christopher Wright
Senior Executive Officer – Dubai
Robert Mankelow
Senior Partner
What makes us different?
Let's talk
All enquiries are handled directly by a senior member of the GSB Private team.
Disclaimer
GSB Capital Ltd operates as an External Asset Manager regulated by the Dubai Financial Services Authority (DFSA) under reference number F006321. Client assets are held in the client’s name with partner banks and custodians. GSB Capital Ltd does not hold client assets directly.
This page is intended for informational purposes only and does not constitute a solicitation or offer to provide financial services. Nothing on this page should be construed as financial, investment, tax or legal advice. You should seek independent professional advice before making any financial decisions.
The value of investments can go down as well as up and you may not get back the amount originally invested. Past performance is not a reliable indicator of future results.
Independence refers to our ownership structure and client-focused approach. Our slogan reflects our service philosophy and is not intended as a comparison with any bank or financial institution. Investments can fall as well as rise in value, and past performance is not indicative of future results.
This content is intended for individuals located outside the United Kingdom.