Nothing ever stays the same and that goes for being rich, too.
But profiting from that market won t be an easy task, in spite of its great wealth, according to John Benevides, managing director of the VIP Forum, a research unit within the Corporate Executive Board. The Corporate Executive Board provides business and market advice to 400 large corporate members, including Minnesota Mutual Life of St. Paul. The company on Tuesday sponsored a presentation by Benevides about how financial institutions can successfully serve the needs of this developing market of decamillionaires. One of the primary changes that distinguish the members of this newly affluent cohort is the source of their wealth. The vast majority of today s wealthy are self-made, Benevides said.