Monday, June 13, 2005
2,270,000 millionaires
That's Merrill Lynch and Capgemini's assessment of the current Hign New Worth market in the U.S., according to this study. The study is as of the end of 2003, and that figure is a 14% over the 2002 number.
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2 comments:
Let's focus on getting wealth-management business where the new money is.
I was hoping you'd point us to the new wealh in these United States.
On the other hand, this development is consistent with Jeremy Siegel's suggestion that only the developing world can bail out the baby boomers' need for high stock market prices during their retirement.
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