Wealth Management Firms Eye $3 Trillion in Rollovers and Annuity Sales

A new report from Cerulli Associates highlights significant growth opportunities in the wealth management industry driven by an expanding population of high-net-worth individuals in the U.S. Firms are challenged to differentiate themselves to capture assets under management, which now total in the many trillions of dollars. Additionally, more than $3 trillion in assets are available through retirement rollovers and annuity sales, presenting substantial potential for wealth management players focused on these product areas.