“Light advice” could be key to US$11 trillion opportunity: Oliver Wyman

By | 9 May 2012 | 3 minutes read

As private banks in Asia struggle to build scalable businesses that can support their rapidly expanding cost base, global consultancy firm Oliver Wyman points to a market segment that remains untapped despite its vast potential. Asia’s “core-wealthy” – defined as the segment in between premier banking and private banking clients, with total assets worth US$1 to 5 million — have…

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