Fearing Rate Hike, Wealthy Opting Out of Market
The Spectrem Millionaire Investor Confidence Index in June plunged to its lowest point in 16 months, Spectrem Group reported Tuesday.
Alternative Assets Will Grow to $15.3 Trillion in Five Years: PwC
AUM will grow fastest in the developing world, the study predicts.
Millennials’ Charity Strongly Influenced by Co-Workers
Millennial employees were 46% likelier to make a donation if a co-worker encouraged them to do so, a study found.
More Millennials Buying a Home This Year
The housing market is on track to enjoy one of its best years since 2006, the National Association of Realtors predicts.
Global Wealthy Want More Real Estate
A Savills/Wealth Briefing survey of private bankers and wealth managers found that 91% of global HNWIs want to increase or maintain their real estate holdings.
Investors Plan to Boost Alternatives Allocations
Sixty-six percent of institutions and HNWs in an Altegris poll said they planned to allocate more to alternatives in the next six months.
Asset Managers: Want to Win Advisors’ Business? Show Them Your App
Advisors exposed to asset managers’ mobile apps, websites and webinars were more likely to consider working with those firms, a Cogent report found.
Why Advisors Need to Segment Their Clients: Cerulli
Client segmentation is critical to an advisory firm’s growth, productivity and profitability, according to new research from Cerulli Associates.
RIAs, Broker-Dealers Neglecting Crucial Recruiting Channels: Poll
Many firm executives believe the industry is facing a talent shortage, but they aren't looking at outside-the-box recruiting strategies, a Fidelity poll found.
Charitable Giving Set Record in 2014, Growing 7.1%
Americans donated an estimated $358 billion to charity in 2014, edging past the 2007 record of $355 billion, Giving USA reported.