A direct-access alternative to private banking
Traditional private banking bundles investment access with advisory, tax, and estate services and charges an ongoing percentage of assets. A direct-access model unbundles that — investment access on its own, priced for what it is.
What traditional private banking includes
A relationship manager who covers all your finances.
Access to model portfolios of equities, bonds, funds, and structured products.
Bundled tax, estate, and cross-border planning.
An AUM fee (typically 0.75%–1.5% per year) plus product-level fees.
What a direct-access model unbundles
In a direct-access model, you allocate directly to one defined strategy. There is no relationship manager, no bundled advisory, no model portfolio you didn't choose. You pay only when the strategy makes money — and only on the profit above the high-water mark.
Fee comparison, on €500,000
Traditional private bank at 1.0% AUM = €5,000 per year, charged whether performance is positive or negative.
Vision Bank programme = 10% of positive net trading P&L only. If the strategy makes €50,000 net, the fee is €5,000. If it makes nothing, the fee is zero. If it loses money, no fee is charged and the high-water mark must be recovered before any future fee applies.
Numbers are illustrative. Actual returns are not guaranteed; capital is at risk.
When each model fits
Traditional private banking fits when you want one point of contact for all financial planning and are willing to pay AUM fees for it.
A direct-access programme fits when you already have advisors you trust, and you want to allocate a defined portion of your alternatives sleeve to a specific yield strategy — cleanly, transparently, and without bundled services.
Many investors use both: private bank for planning, direct-access programmes for specific sleeves.
Transparency and reporting
Monthly settlement statements show gross P&L, fees charged, the high-water mark, and the resulting balance. Custody statements come from the institutional custodian, not from the operating desk. There is no discretionary rebalancing you can't see.
Liquidity and cycle
Allocations are held for the length of the chosen cycle (30, 60, or 90 days depending on tier). Withdrawals are settled at the next scheduled payout date. There are no multi-year lock-ups.
Frequently asked questions
- Is this a private bank?
- No. The Vision Bank is a trading name; the programme is a speculative, non-deposit trading product, not a licensed private bank. Deposits are not covered by any deposit-guarantee scheme.
- Why call it a 'private banking alternative'?
- Because it addresses the same investor need — access to a defined non-deposit yield product for meaningful capital — without the bundled advisory, AUM fees, and lock-ups that traditional private banking includes.
- When does traditional private banking still make more sense?
- When you need integrated tax, estate, and cross-border planning delivered by a single relationship manager, and are willing to pay AUM fees for it. This programme is not a substitute for that. It is one line item alongside other holdings.
See the programme
Direct-access yield with institutional custody, transparent monthly reporting, and a single performance fee.
View investment opportunity