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Wealth Management Associates

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Employers

Approximately 47,206 people were employed in private banking services in 2015, according to IBISWorld. They work at major banks, regional and boutique firms, broker/dealers, robo advisory firms, and independent wealth management firms. The four largest employers (UBS, Morgan Stanley, Bank of America Merrill Lynch, and Credit Suisse) hold about 47 percent of industry assets under management. Many firms have fewer than 10 employees.

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