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RJ & Makay

Our view of news, events and human capital trends in the financial services industry.

Wealth Management Institutions

Global wealth increases by 11.5 percent

Posted by Darin Manis on Jun 15, 2010

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Boston Consulting Group's 10th annual wealth-management survey Ball of Currency released late last week titled Regaining Lost Ground, Resurgent Markets and New Opportunities, reports that global wealth staged a strong comeback in 2009 with North America leading the way. Global wealth increased by 11.5 percent to $111.5 trillion. This is just shy of the 2007 peak. While wealth rebounded, client trust and wealth manager performance haven't.