Churning is a dirty word. Leverage is not necessary dirty business but smart business for clients.

You just need to know how to use it wisely.
A successful Private Banker is not one that churns and churns , that is consumer banking style. If you churn, rest assure, you will not last long.
In Private Banking business , it is not a race but a marathon. so you dont churn for the sake of making money. you do by volume , not necessary bigger margin.

Not a easy business to go into...