Tuesday, August 12, 2008
Wealthy Investors Grow Pessimistic
As the stock market continues to stumble along, high-net-worth investors are becoming increasingly pessimistic about the economy and dissatisfied with the performance of their financial services providers.
"When times are going well, people don't complain about fees, they complain about softer stuff, like how they don't think their adviser is attentive enough," said Walt Zultowski, senior vice president of research and concept development for The Phoenix Companies and author of the "2008 Phoenix Wealth Survey."
Wealthy Investors Grow Pessimistic
Source: Financial-Planning
"When times are going well, people don't complain about fees, they complain about softer stuff, like how they don't think their adviser is attentive enough," said Walt Zultowski, senior vice president of research and concept development for The Phoenix Companies and author of the "2008 Phoenix Wealth Survey."
Wealthy Investors Grow Pessimistic
Source: Financial-Planning
Permalink posted by armandn @ 7:02 AM 
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