NEW YORK - As the demand for unified managed accounts continues to grow at a brisk pace, the money management industry has an opportunity to improve the nation's savings rate, which is slower today than at any point in its history and threatens the future financial health of millions of Americans.

According to TowerGroup Senior Analyst Matt Schott, mass market investors, or those 80 million households that earn less than $100,000 annually and hold about $2 trillion in assets, must improve their savings rate by at least five to 10 times to retire comfortably. Affluent investors, or those four million households that earn between $100,000 and $1 million annually and hold about $8 trillion in assets, must improve their savings rate by at least two to 10 times to retire comfortably.

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