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Wealth Management

The Industry Today

Today there are more than 5,930 wealth management businesses in the United States alone. These range from major banks such as Wells Fargo with large wealth-management divisions to mom-and-pop firms with fewer than 15 employees. Total assets under management (AUM) reached a record $84.9 trillion worldwide in 2016, according to PricewaterhouseCoopers, a professional services and consultancy firm

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