new york u.s. president donald trump cabinet worth combine 14 billion catch flak recent weeks confess inability keep track vast sum wealth private bankers work ultra rich say dollar every time client forget million would well almost rich clients see time new clients say chris walters genspring family offices suntrust bank inc sti.n branch clients 50 million assets surprise asset omit inventory steven mnuchin former goldman sachs group inc gs.n partner trump pick lead u.s. treasury department grill members senate last week inadvertently fail disclose 100 million real estate tuesday nominee head budget office mick mulvaney say realize need pay 15,000 federal tax nanny scrutinize finance closely confirmation proceed trump say interview reuters last march pay much attention investments hedge fund mutual fund idea really care trump say lot things may fund idea know good period time trump lawyer sheri dillon since say liquidate investments senate leadership delay confirmation hear three wealthy trump nominees allow time nominees file disclosures accommodate schedule response question people millions billions dollars hire experts carefully tally vast wealth could lose track big chunk money private bankers family office managers say clients simply live much complicate financial live ordinary people one-in-five people 25 million assets hire advisers take care task like pay daily bill manage staff multiple home keep track assets around globe accord report research firm spectrem advisers say clients need type assistance work socialize travel frequently take care mundane task eileen foley head bank new york mellon corp bk.n family office business say clients want daily report detail every dollar go account also ask daily report investments tangible assets properties liabilities client nominate position board public company government type daily monitor help say fire drill even type due diligence clients often forget mention assets hold multiple people like limit partnerships structure hard advisers discover financial statements often structure keep ownership opaque mnuchin instance fail disclose around 900,000 worth artwork hold children accord media report mnuchin respond request comment also initially disclose home new york los angeles mexico complexity rich person financial life usually build time acquire house collections belong advisers say many case client force detail assets confirm every domestic employee insurance coverage probably do say bill woodson head north american family offices citigroup inc c.n private bank understandable forget say excuse it story correct spell flak first paragraph trump cabinet 's first world problem omit million