Independent brokers target baby boomers' post-retirement

12/16/2010 | FA-Mag.com

Because big Wall Street firms have retirement planning sewn up, independent broker-dealers are focusing on capturing a new huge market: post-retirement services for baby boomers, who control about 40% of private assets in the U.S. The industry is in transition from helping boomers acquire wealth to assisting them in making it last and dealing with issues such as inflation, market returns and personal situations.

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