00-00-0000 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 in succession the promise of wealth management to unbolt 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.
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TowerGroup Finds Wealth Management Opportunity Is Being Missed
Over the past 12 month the retail financial services industry has engaged in intense discussion in succession the promise of wealth management to unbolt 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