Asset Managers are Piling Into Wealth Management as the Rich Get Richer

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"Follow the money" is a pretty good rule of thumb for every fictional noir detective, but it works just as well in the world of financial services.

A new report from Bain & Company suggests asset managers and brokerages are increasingly adhering to that mantra, moving into wealth management as the Richie Riches of the world keep getting Richie Richer.

Source Fool.com