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Ultra-Wealthy Investors Feel Financially Insecure

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Despite their extensive wealth, a poll released Thursday by SEI Private Wealth Management of ultra-wealthy Americans found that regardless of their current level of wealth, respondents would need twice that amount to feel financially secure. Younger respondents (those under 50) felt they would need at least three times their current wealth to feel really secure.

In light of those fears, advisors may be underserving their ultra-wealthy clients. SEI found nearly half of respondents felt “isolated” when making financial decision