While the outlook for the global wealth industry continued to improve in 2010, wealth managers need to refine their pricing models to best prepare for future growth, according to a new study from Boston Consulting Group.

The management consulting firm released its annual report on the global wealth industry on Tuesday, which included a survey of 120 international wealth managers. It included private banks or wealth management units of large banking groups in North America, Europe, Asia-Pacific and Latin America.

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