Cryptocurrencies have been volatile recently, leading many to question the future of this relatively new, but increasingly popular, investment type.  Are cryptocurrencies merely a trend or an important component of the portfolios of affluent investors?

The definition of wealth management has changed over the past several years, as has the number of investors who feel they are eligible for wealth management. Wealth management has previously been reserved for only ultra wealthy households, which is not the case any longer. What types of investors feel wealth management is suitable for themselves? Who feels they qualify for wealth management?

The stock market has been extremely volatile in 2022, taking a rollercoaster ride of ups and downs resulting in losses over 15 percent. While in theory most investors understand that the stock market has ups and downs, it is challenging to keep that in mind during the “down” times. Do higher levels of wealth make an investor immune to the concerns of the volatile stock market? Are investors making any changes to their investments because of the volatility?

“Money doesn’t buy happiness” is a phrase that has been around for a very long time and is often used to illustrate that happiness comes from within, not from a balance in bank accounts, investments, or material possessions. What this phrase doesn’t cover however is if money eliminates worries. Are financial worries eliminated when investors reach a net worth in excess of $5 million? Do these Ultra High Net Worth (UHNW) investors not have personal concerns as a result of having that level of wealth?

Financial advisors and providers spend a significant amount of time and energy developing their websites with the hope that investors will find the information useful and will continue to return to the site. What types of information are investors presently looking for during the current recessionary period?

Inflation is impacting everyone, even affluent households.  According to the latest report from the Bureau of Labor Statistics, the annual inflation rate at the end of May 2022 was 8.6%, the highest level since 1981, as measured by the consumer price index.  The common belief is that inflation impacts the middle and lower class more dramatically, but even wealthier households are feeling the pinch….and some of their reactions could even hurt the economy more.