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Home Market Research Markets

The Hidden Forces Behind America’s Widening Money Divide

by TheAdviserMagazine
5 months ago
in Markets
Reading Time: 1 min read
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The Hidden Forces Behind America’s Widening Money Divide
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Andrii Yalanskyi / Shutterstock.com

The Federal Reserve’s Survey of Consumer Finances (SCF) highlights significant racial disparities in household assets and financial security in the U.S., showing that the median net worth of white families is much higher than that of Asian, Black, and Hispanic households. While some families see their resources multiply across generations, others continue to struggle under the constraints of…



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