U.S. wealth management
2 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Sep 26, 2022 by Matt Brown · across every show →
Everything said about U.S. wealth management, oldest first
Sep 26, 2022 neutral
Brown: US financial advisors manage around $40 trillion in client assets
“U.S. Wealth management, the amount of money that financial advisors advise to Today stands at around 40 trillion dollars. So 40 trillion dollars are advised or managed by financial advisors in America on behalf of their high net worth clients, or their, not ju…”
Sep 26, 2022 neutral
Brown: US wealth managers allocate less than 5% to alternatives
“What's interesting about it though, when we look at it through the lens of alternative investments, their allocation rates to alternative investments of that 40 trillion is less than five percent, probably closer to two or three percent broadly on average.”