Investor Confidence Way Up, but Not Equity Allocation
Strong gains in the U.S. equity markets, lower unemployment and encouraging news from the European debt crisis all contributed to a dramatic increase in economic optimism among high-net-worth and mass-affluent investors, according to Phoenix Marketing International.
Have We Turned the Confidence Corner? Millionaires Think So
Spectrem Millionaire Confidence Index hits nine-month high; consumer confidence, Chicago PMI—even Ben Bernanke—points to a possible resurgence, but Spectrem’s Wolper warns about negative effect of rising gas prices.
Advisor Confidence Moving in Positive Direction
This slight shift is similar to that of Spectrem Group’s affluent-investor survey and the University of Michigan’s Consumer Sentiment Index
Affluent Investors Mirror Broader Economy’s Tepid Optimism
If affluent investor sentiment is a guide, the economy continues to progress at a steady but very slow pace.
Five Characteristics of Ultra-High-Net-Worth Investors
Many financial advisors dream of catering to the most elite investors seeking advice on how to invest their great fortunes. Here is an inside look into the attitudes and characteristics of the denizens of elite advisors’ mahogany-paneled executive suites.
Spectrem Identifies Rollover Opportunities
The amount of assets available for rollover increased 23% between 2007 and 2011, despite the financial crisis in 2008, a report by Spectrem Group found.
Retirement Planning on the Go: DC Participants Rely on iPads, Smartphones
Two-thirds of defined-contribution plan participants use smartphones and one-quarter use tablets, a report released in October by Spectrem Group found.
Advisors Fail Affluent Women, Spectrem Group Says
Affluent women want more advice before they invest. Spectrem's Wolper suggests advisors spend more time with women and focus on planning rather than returns.
Millionaires’ Confidence in U.S. Economy Falls Again
The Spectrem Millionaire Investor Confidence Index sank for a fourth consecutive month in September.
Top Firms for 401(k) Rollovers by IRA Investors
Fidelity is the most likely firm to be chosen by investors looking for somewhere to roll their 401(k) assets to.