Asset management is not the same as GDP and its foolish to think that other asset management companies will not pick up local customers or that $1T is significant against a total of $25.6 T
New York, California See Trillions in Assets Flee to Wall ...
Bloomberg.com https://www.bloomberg.com › graphics › 2023-asset-ma.. . Aug 21, 2023 — The assets-under-management outflow since 2020 equals just a tiny fraction of the $25.6 trillion managed in the state, which is still 10 times ...
Gross Domestic Product County GDP Queens $122.288 billion Bronx $51.574 billion Richmond $21.103 billion New York City $1.206 trillion