US Private Banks go Cold on Mass Affluent Market

US private banks are turning their backs on the mass affluent to go after high net-worth clients, whose minimum threshold of assets to invest is now pushing the $10m mark, according to a new study. Banks....

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By: A staff reporter
January 29, 2005
US private banks are turning their backs on the mass affluent to go after high net-worth clients, whose minimum threshold of assets to invest is now pushing the $10m mark, according to a new study. Banks....