Ethnic investors are more likely to consider themselves self-directed investors, handling all decisions without the aid of an advisor. Click here to read more
Investors want to be assured that their financial advisor appreciates concerns and goals from the perspective of age in terms of growing wealth and planning for a secure future. Click here to read more
Investors discuss their familiarity with banks, and Bank of America leads the pack. Click here to read more
Vanguard receives the top spot for trustworthiness and innovative products. Click here to read more
According to Spectrem report, the total assets held in employer-sponsored retirement plans were $11.3 trillion at the end of 2014. Click here to read more
Ultra High Net Worth investors rank smart investing just below hard work and education as the primary factors to which they attribute their financial success. How do they intend to invest in 2015? Click here to read more
Since the crash of 2008, the affluent market numbers have been on the rise, according to the Spectrem Market Insights report. Click here to read more
Less than half of investors with a net worth over $5 million receive wealth management services from financial services providers. Click here to read more
Spectrem’s annual Market Insights 2015 has been released, and it shows that there are more than 10 million Americans with a net worth of at least $1 million out of the total of 121 million households. The total is at 10.1 million, and the percentage of Millionaires among the population is 8.3 percent.
For many years, hedge funds have been employed by wealthier investors to earn greater return on investment and protect against the variables that exist in the stock market. But more investors now are taking advantage of hedge funds and alternative investments to build their portfolios.
More than two-thirds of a wealthy investor’s portfolio is in investable assets, a Spectrem study shows. Click here to read more
In working with a financial advisor, Millionaires consider transparency second only to honesty and equally as important as investment track record. Click here to read more