Wealthy Investors Skeptical of Companies’ Socially Responsible Claims
Affluent investors tend to be skeptical of companies that proclaim they have a socially responsible strategy, wondering whether this is simply a public relations gimmick.
Alphabet Soup Decoded
It is obvious to financial advisors and wealth managers that our profession has grown incredibly complex. IMCA is part of the solution
Wealthiest Investors Less Likely to Plan for Retirement
Many investors with income of $750,000 or more are less likely to have retirement plans than those at lower income levels, according to a Spectrem Group report.
Stock Market Rally Means 400,000 New Millionaires
The recent stock market rally has been good for investors—and by extension advisors. But will it last?
Affluent Investors More Confident but Still on the Sidelines
Results of a monthly survey show that affluent investors are a happier lot than they have been in the past half year, though they still have a way to go toward fairly being described as confident.
Where the Clients Are: Facebook
Almost three-quarters of DC plan participants use Facebook, Spectrem found—and usage varies only slightly by age.
Advisors Losing ‘Significant’ Ground With Wealthy Clients: Spectrem
"More than one-quarter of affluent investors in all three wealth segments think they do a better job of investing than their advisors,” says Walper of Spectrem Group.
Wealthiest Americans Are Pleased With Their Advisors
The country’s wealthiest Americans show a significant increase in satisfaction with their financial advisor, Spectrem Group reports.
Seeking Wealthy Divorcées as New Clients
If you’re looking for an attractive source of new business, you might consider high-net-worth divorcées who aren’t being well-served by their current advisor.
Fiscal Cliff, Poor Returns Push Wealthy Into Alternatives: Spectrem
Uncertainty about the fate of the Bush tax cuts and unsatisfactory returns are driving wealthy investors to seek higher performance in alternative investments, according to a new study by Spectrem Group.