Bear Market Makes Wealthy Investors Bullish on Financial Planning

August 2009
Journal of Financial Planning;Aug2009, Vol. 22 Issue 8, p11
Academic Journal
The article focuses on the results of the 2009 Phoenix Wealth Survey conducted by the Phoenix Companies Inc. in the U.S. It notes that the survey found that more wealthy investors are adopting the financial planning process with 39% stating that they have a formal written financial plan. It emphasizes that the survey indicates that wealthy investors are returning to financial advisers.


Related Articles

  • Focused on the Little Picture. ISRAELSEN, CRAIG; MORGAN, DARREN // Financial Planning;Sep2015, Vol. 45 Issue 9, p84 

    The article offers suggestion to financial advisors to help investors avoid recency bias which impact on the investor's views on investing in the U.S. Topics discussed include a table that shows performance metrics for seven core asset classes and a diversified portfolio over the past 45 years...

  • A New Take on Prudence: The Role of Trustees in Life Insurance in a Changing Environment. Severs, Matthew L.; Harriman, Philip E. // Journal of Practical Estate Planning;Apr2009, Vol. 11 Issue 2, p41 

    The article discusses the impact of economic crises in the role of trustees under the Uniform Prudent Investor Act (UPIA) in the U.S. It mentions the five guiding principles of the UPIA, which are designed for trustees towards prudent trust asset management. Further, it stresses the significance...

  • A Healthy Plan for 2006. Sclafani, Ray // On Wall Street;Dec2005, Vol. 15 Issue 12, p67 

    The article discusses some helpful advice that U.S. financial advisers should follow, behaviors they must avoid and the questions they should ask themselves in preparation for the coming of 2006. It details activities that advisers should abandon for they have little or no direct impact on...

  • Where Would You Go? Neal, Ryan W. // REP.;Dec2014, Vol. 38 Issue 12, p47 

    The article focuses on a survey regarding the preferred firm to work with for financial advisors in the U.S. in 2015, which found that most of them are very likely to be working for their current firm. It is mentioned that Many Wells Fargo advisors said they would consider joining FiNet, the...

  • 5 Critical Advisor Trends. Paikert, Charles // Financial Planning;May2014, Vol. 44 Issue 5, p45 

    The article discusses the trends in the financial advisory industry in the U.S. as of May 2014. It focuses on a report on major wealth management trends by corporate advisory firm CEB, which cited such trends as focus on individualized experience, the growing adoption of automated onboarding,...

  • Tried-and-True Steps to Serving a Growing Client Base. Ehlert, Mary Anne // CPA Journal;Sep2015, Vol. 85 Issue 9, p46 

    The article focuses on how U.S. financial professionals can properly execute a special needs financial plan. Topics discussed include the significant percentage of families that have family members with permanent disability or special needs and the financial challenges confronting these families...

  • Younger Investors Worried about Retirement Readiness.  // Retirement Market Insights;Nov2013, Vol. 9 Issue 11, p1 

    The article discusses a wealth level study conducted by Spectrem Group in 2013 which found that at least half of millionaire investors in the U.S. have received professional financial advice about retirement planning. Majority of respondents said they are confident that they have enough income...

  • Tax and Estate Planning Top Investor Priorities.  // Retirement Market Insights;Aug2013, Vol. 9 Issue 8, p4 

    The article discusses a survey conducted by Spectrem Group in the U.S. in 2013 which cited tax and estate planning as the issues most likely to push high net worth investors to reach out to their financial advisors. Other situations which would prompt investors include retirement, financial...

  • Investing Styles of the Ultra Rich. Mahli, Paramjit // Financial Planning;Mar2005, Vol. 35 Issue 3, p23 

    Presents the results of a survey on the investment strategies of ultra-high-net-worth (UHNW) investors and high-net-worth (HNW) investors in the U.S. Increase in the number of U.S. households with $5 million in net assets and an average of $10 million in net worth during 2003-2004; Percentage...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics