Boston frets as Wall St. shakes

Oct. 16 - Momentous changes in the financial services industry are likely to have a negative impact on the city of Boston, the unofficial headquarters of the mutual fund industry.

But the outlook is not all bleak. Experts expect the wealth management industry to grow and counter some of the jobs lost elsewhere. Conway Gittens reports.SPEAKER: Tim Vaill, chairman and CEO, Boston Private Financial Holdings; Katherine August de-Wilde, president and COO, First Republic Bank