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Minneapolis-based Abbot Downing ranks among world's richest family offices
Wells Fargo & Co.'s Minneapolis-based Abbot Downing is the world's 11th-richest family office, according to a new Bloomberg ranking. Created by the combination of San Francisco-based Wells Fargo's Lowry Hill and Family Wealth investment businesses in 2011, Abbot Downing has $38.6 billion in assets under advisement up 2 percent from…
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