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The Amazon factor in asset/wealth management

Alliance Bernstein strategy report considers the implications of Amazon’s entry into asset and wealth management.  Amazon’s unparalleled customer base and an incredible online platform would give it an edge among big tech companies in asset management, most likely as “an arms-length distributor of funds” rather than as a “super-active manager,” said Bernstein analysts wrote in the strategy report.


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Same Story, Different Take : Bloomberg, Investment News