A comprehensive study from Maritz Research details everything from the voting habits of the well-heeled to millionaires’ views of their own advisors.
Of the later, only 28% of millionaires consider the economy to be healthy, yet they’re much more upbeat about the quality of their own financial advisors.
“Financial advisors are being perceived in a better light in 2012 as 73% of millionaires are satisfied with the job their advisor has done managing their portfolios through difficult economic times, compared to the 59% who were satisfied with how their advisor managed their portfolio through the financial crisis in 2010,” according to Rich Brose, a senior director for strategic consulting in the financial services research group of Maritz.
Brose, blogging recently on the results at Sound Check blog, first notes the “harsh reality;” only 57% believe the economy is improving and will continue to improve, a figure that is relatively unchanged from the 54% of millionaires who expected the economy to improve when they were surveyed in 2010 following the financial crisis.