Financial services
June 15, 2017
Affluent consumers saw their assets grow in 2016. Image credit: Michael Kors
By Sarah Jones
Private financial wealth rose 5.3 percent in 2016 to $166.5 trillion, according to new research from Boston Consulting Group.
{"ct":"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","iv":"5476682357fdd9c239ef8c12b1a9bcee","s":"47427203157eb2ac"}
Share your thoughts. Click here