Wealth and Asset Management
Ultra-Wealthy Clients Are Sitting on Cash, Ready to Invest
The fastest-growing client segment at UBS in the United States has been “heavier in cash than they’ve been historically,” John Mathews, head of Private Wealth Management, tells ThinkAdvisor in an interview. That segment is ultra-high net worth clients, made up of multimillionaires with $100 million and up and billionaires. Their…
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