Spectrem Group
Clients are feeling battered, scared and neglected
8 January 2009
HNWs enter 2009 seeing no end in sight and wondering where there's help. High-net-worth Americans are feeling battered by the financial crisis, they're worried the troubles could last a lot longer, and many of them have gone sour on their financial advisors . U.
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Millionaires are now as bearish as mass affluent
3 December 2008
HNW-confidence gauge drops to same level as broader index: Spectrem Group. Sentiment among well-to-do investors slipped to new lows for the third consecutive month in November, according to Spectrem Group's Affluent Investor Index (SAII) . The gauge, which tracks investment sentiment among financial decision-makers in U.
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Appeal of "wealth management" branding is limited
1 December 2008
Clients seem not to have embraced the label to the extent the industry has. Fee-based firms had better be careful how they use the term "wealth management . " According to a recent study by Spectrem Group, a Chicago-based research and consulting firm that specializes in the affluent and retirement markets, 41% of financial-decision makers in 508 U.
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Investor-sentiment gauges drop to new lows in Oct.
7 November 2008
HNWs skittish about the impact of the government's bailout of Wall Street. Affluent-investor sentiment tumbled to new a new all-time low in October, according to Spectrem Group's Affluent Investor Index (SAII) . The gauge, which tracks investment sentiment among financial decision-makers in U.
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US Wealthy Still Fearful Despite Bailout Of Banks
6 November 2008
The approval of the US government’s $700 billion bailout plan did little to allay fears among the country’s wealthy – a survey has found the rich are more pessimistic now than they were amid the financial collapse in September. An index measuring the investment outlook of wealthy individuals reached record lows, surpassing previous record lows set in September . The Spectrem Index, a measure of the sentiment among individuals in the US with more than $500,000 of investable assets, fell 8 points in October to a new all-time low of –30; its previous record low of –22 was reached in September.
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Communication key to crisis control: consultancy
16 October 2008
Spectrem report highlights need for active approach by financial advisors. A stunning 81% of affluent investors polled by Spectrem Group in January 2008 said they'd never experienced a significant financial setback . In view of the fact that the S&P 500 lost 45% of its value in 2000-2002, this "bulletproof" mindset against a backdrop of recent market deterioration poses significant challenges to financial advisors.
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Investor Confidence At Rock Bottom
3 October 2008
Confidence among affluent investors fell in September to its lowest mark since Spectrem Group's monthly survey started in February 2004. The Chicago research company said that its Affluent Investor Index fell 9 points to minus 22 . The decline in the index, which measures the investment outlook of households with $500,000 or more of investable assets, put it below its previous record low of minus 20, reached in March 2008.
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Affluent-investor sentiment hits a new low in Sept
1 October 2008
Spectrem Group's Affluent Investor Index dropped by nine points last month. Against a backdrop of increasing financial-market turmoil, affluent-investor sentiment hit a new low in September . Spectrem Group's Affluent Investor Index (SAII) fell 9 points last month to -22, the lowest level since the inception of the confidence gauge in February 2004.
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Millionaire sentiment slips back slightly in August
8 September 2008
Oil and gas prices, election outcome weigh on affluent-investor confidence. Millionaire sentiment, which looked like it was on a mend in July, slipped a point last month for a reading of -9, which, puts it, still, in neutral territory, according to Spectrem Group's Millionaire Investor Index (SMII) . The slight decline follows a four-point increase in July.
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UHNWs are now more likely to seek pro's guidance
25 August 2008
Mid-tier wealthy who regularly consult advisors up 71% from two years ago. In the face of market volatility and economic uncertainty, high-net-worth investors are much less likely to manage portfolios all on their own . More than a third -- 36% -- of investors worth between $5 million and $25 million (primarily residences aside) consider themselves "advisor-assisted," according to a June 2008 survey by Spectrem Group, a Chicago-based firm that provides research on the wealth and retirement markets.
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News and Features
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Comment and Analysis
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FEATURE: A Look At The Mexican High Net Worth Client Market
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EXCLUSIVE: Industry Leaders Debate Hot Topics Of Client Centricity, Communications
Expert Commentary
- Top Story
- Opinion of the Week
- Industry Insight
- View from the Top
- Editor's Choice
- Investment Strategy
America Regained Top Spot For HNW Population, Wealth In RBC/Capgemini Survey
The annual RBC Wealth Management/Capgemini World Wealth Report also showed that North America, which in 2011 had lost its top-dog status to Asia-Pacific, is now back as the place with the largest high net worth market.
Tom Burroughes
18 June 2013
Guest Opinion: An Earnings Report Every Hedge Fund Manager Should Review
Here Diane Harrison, principal and owner of Panegyric Marketing, argues that the debate over fees in the hedge fund industry often focuses on the wrong topics.
Diane Harrison
20 March 2013
Q&A: Rockefeller & Co's Jimmy Chang On The Investment Environment
Here, Jimmy Chang, a senior portfolio manager and a managing director of Rockefeller & Co, discusses some issues around investing in the current environment.
Harriet Davies
4 April 2013
INTERVIEW: Regular Risk Reviews Gain Traction In The Family Office World
The period between 2008 and 2012 saw an uptick in risk reviewing business at New York’s Rothstein Kass Family Offices Group, says partner Evan Jehle.
Harriet Davies
9 April 2013
FEATURE: Twins And The Business Of Family
Building functionality into a family’s business affairs involves defining each person’s role but it’s never easy to think differently about family members who were children at the dinner table, but are now adults around the board table.
Charles Lowenhaupt
8 April 2013
Guest Opinion: Diversification In The Age Of Globalisation
Marc Odo, director of research at software and business intelligence firm Informa Investment Solutions, discusses why diversification failed during the credit crisis.
Marc Odo
25 March 2013
