Ranks of millionaires swell.(News)
Investment News, April, 2006
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Byline: Charles Paikert NEW YORK - There seems to be no letup in sight to the wealth management boom, according to a new report from by Greenwich, Conn.-based TNS Financial Services, a division of London-based market research firm Taylor Nelson Sofres PLC. Nearly 9 million American households - a record - have a net worth of $1 million or more, excluding their principal residence, according to the TNS report.
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The number of millionaire households has risen steadily since bottoming out at 5.5 million in 2002, after the Internet bubble burst, the report said. There ...
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