Wellner Says Papamarkou Clients Like `Boutique' Strategy: Video
Bloomberg
Nov. 19, 2009. 11:09 AM EST
Nov. 19 (Bloomberg) -- Karl Wellner, chief executive officer of Papamarkou & Co., talks with Bloo... More »
Nov. 19 (Bloomberg) -- Karl Wellner, chief executive officer of Papamarkou & Co., talks with Bloomberg's Betty Liu, Adam Johnson and Jon Erlichman about the performance of money management firms.ΒΆ Independent registered investment advisers are expected to gain about $50 billion in assets this year, in contrast to full-service brokerage firms, whose assets are projected to decline by $189 billion, according to Boston-based consultant Cerulli Associates. (Source: Bloomberg) « Less
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