Millionaires Reflect on What Wealth Means to Them
Sixty-five percent of well-to-do Americans in a recent survey defined “wealth” as peace of mind, while 54% defined it as happiness.
Boston Private “Why of Wealth” Study Reveals the Psychology Behind Wealth Creation and Accumulation
Boston Private, a leading provider of fully integrated wealth management, trust and private banking services, today released the “Why of Wealth,” a comprehensive survey unveiling the psychological factors playing into how Americans interact with their wealth.
Balancing the Benefit and the Burden of Wealth
So much for that old saw that money can’t buy happiness. A new survey of people who have built significant wealth on their own found that money has actually bought them a lot of happiness.
Financial Advisors Face More Volatile Environment, but Startled Clients May Be the Biggest Challenge, Natixis Survey Finds
After a banner year in the markets, volatility is now creating a tumultuous environment in which investors can make costly mistakes. Financial professionals are exposed to numerous risks to their investment performance in 2018, from growing geopolitical uncertainty to rising interest rates to inflation, however managing the emotional reactions of clients could be their greatest challenge, according to research released by Natixis Investment Managers.
Advisers See Investor Reaction to Market Volatility as a Challenge
Besides providing investment advice, 88% of advisers think they need to guide clients through emotional decisions.