The Ledger
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Brown: Up to $10T will shift from wealth to alts next decade
“So really what we're seeing here is not only a growing wealth market overall, growing allocations to alternative investments, say from three to five percent, 10%, or 15%, which is causing really a massive reallocation of capital from traditional assets to alte…”
Brown: US wealth management assets will reach about $60 trillion by 2030
“In 2030, that number is going to grow to about 60 trillion dollars, which isn't necessarily a very large growth rate, but still an enormous number, which means that the U.S. Wealth management market represents one of the largest collective pools of capital glo…”