Bringing you live news and features since 2006 


Mass affluent investors ‘disgruntled’, says Spectrem


Less than half of mass affluent investors feel their financial situation will be better a year from now, while the majority of millionaires and ultra high net worth investors feel positively about their future financial situation.

That’s according to Financial Attitudes and Concerns 2014, a new study from Spectrem Group that looks at investors in the mass affluent (USD100,000-USD1m in net worth, not including primary residence), millionaire (USD1m-USD5m) and ultra high net worth (USD5m-USD25m) wealth segments.
"All investors say they're concerned about prolonged economic downturn and government gridlock," says George H. Walper, Jr., president of Spectrem Group. "Mass affluent investors are the least confident in investing overall, but our data shows us they're also the one wealth segment that isn't turning to advisors for help."
More than one third of mass affluent investors feel they will have to adjust the expectations they had prior to retirement due to low interest rates. 
Over 80 percent of millionaire and UHNW investors credit "smart investing" as a major wealth creation factor.
Mass affluent investors are most likely to wish they had saved more before the financial crisis, while millionaires and UHNW investors are more likely to wish they had taken more risk in their investments. 

Latest News

The European Fund and Asset Management Association (EFAMA) has published its 2024 industry Fact Book, which includes a foreword by..
Amundi has reduced its management fees across a wide selection of its ETF range. The firm writes that this move..
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin (BTC) ended the week at approximately USD66,675, marking a 4.3..
Amundi’s ETF Market Flows Analysis for May finds that global ETF inflows were EUR105.1 billion with US-domiciled equity funds accounting..

Related Articles

CN Tower, Toronto
The winners were announced in the second ETF Express Canadian awards at the event held at The Quay in Toronto,...
Darren Jordan, Komainu
Custody specialist, Komainu, was launched in 2018 as a joint venture between Nomura, digital-asset investment manager, CoinShares and blockchain business,...
Stuart Chaussee
In January this year, global data and business intelligence platform, Statista reported that there are now more than 8000 ETFs...
Ethereum coin
Last week saw Australia launch spot bitcoin ETFs, with Matteo Greco, Research Analyst at Fineqia International, writing that Monochrome Asset...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by