High-net-worth investors would rather talk about politics, religion and sex than money, according to a survey released Thursday by deVere Group.
DeVere, an independent financial advisory organization, surveyed more than 1,100 people in the United States, the United Kingdom, Hong Kong, the United Arab Emirates and South Africa about subjects they find difficult to discuss with family, friends and colleagues. Respondents had at least $1.5 million in investable assets.
More than 60% of respondents said money was the most uncomfortable topic of conversation. Just 14% said the same about politics. Eleven percent said sex was the most uncomfortable topic of conversation and 8% said it was religion.
Nigel Green, founder and CEO of deVere Group, suggested an increasing openness online contributed to the large gap in comfort levels between money and other topics.