Peter Moosbrugger
Partner
Here’s why I’m such an advocate of Private Family Banking:
- I’ve owned my own companies for 30 years and have always needed to borrow money from various institutions when I started the companies and when I wanted to expand (buying equipment, hiring more personnel, buying inventory, etc.)
- I now use my own Private Family Bank and I capture the profit that I was previously paying to other banks.
- Additionally, had I used Private Family Banking to fund college for my kids not only would I not have any student loan debt (which I do) I would have been able to give them each a significant check upon graduation!