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US wealth management: Amid market turbulence, an industry converges (McKinsey & Company)

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ReportMcKinsey & CompanyJanuary 2024Summary onlyOriginal source

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About this report

  • A McKinsey report on the structure and competitive dynamics of the US wealth management industry.p.
  • It argues that firms across the sector are broadening their offerings and client segments, leading to convergence.p.
  • It examines client preferences for consolidating banking and wealth relationships among affluent households.p.
  • Written for wealth managers, banks, brokerages and investors in the sector.p.

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