Wealth Management was tough and faced the challenges all investors were confronted with during the Great Recession. The Great Recession lasted from Q4 December 2007 until Q2 June 2009. The country's gross domestic product fell during this period 4.3% with unemployment doubling from 5 percent to 10 percent at its peak. The loss of portfolio values for U.S. household as a result of the recession was $19.2 trillion, according to an April 2012 report by the U.S. Treasury Department.