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TowerGroup Finds Wealth Management Opportunity Is Being Missed

ISSN: 08940797
Publication Date: 09-17-2003
Page: 1
Type: Periodical
Language: English

Over the past 12 month the retail financial services industry has
engaged in intense discussion upon the promise of wealth management
to unfasten greater value from both high-net worth ($1 million or more
in assets to invest) and "mass affluent" ($250000 or more in assets
to invest) customer portions Yet TowerGroup finds that rhetoric
continues to outstrip practice at the majority of institutions, where

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