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Wealth Shops Target Tri-State Wealth
11/24/2009
Wilmington Trust, Lazard Wealth Management and PNC Wealth Management have been stepping up their focus on the East Coast, particularly in the hard-hit New York Tri-state area. Even though the region has seen a considerable outflow of high-net-worth assets over the past two years, with the number of millionaires in the New York metro area plunging 13.6%, according to a Merrill Lynch Capgemini World Wealth Report, firms are continuing to see it as a key market with ...
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