Wealth and Asset Management
US added 562,000 millionaires in 2024 but wealth management has a challenge
The United States saw an increase in its millionaire population in 2024 but is the wealth management industry ready for the needs of often-younger high-net-worth individuals? The newly released World Wealth Report 2025 from Capgemini Research Institute reveals that the US added 562,000 new millionaires, a 7.6% increase, while the…
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