TITLE

A Turf War to Win the Rich

AUTHOR(S)
Fest, Glen
PUB. DATE
February 2007
SOURCE
Bank Technology News;Feb2007, Vol. 20 Issue 2, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the battle between brokers and banks in North America on wealth management platform. The number of affluent individuals in the country is increasing from 30 million to 37 million. The field of the rich is getting wider and higher. As a result, financial planners, private bankers and brokers that traditionally serve niche and highly segmented markets are investing heavily in new wealth management platforms to let them stretch the prosperity spectrum.
ACCESSION #
24178707

 

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