April 2015
Global Wealth Monitor Insights
FOR MORE INFORMATION, PLEASE CONTACT DAVID THOMPSON AT DAVID M. THOMPSON
Economic sentiment remains strong in March
Three-out-of-five affluent households maintained an optimistic sentiment regarding the U.S. economy. HNW
households were overwhelmingly positive with two-thirds feeling confident about the state of the economy. In Q1,
there was a slight upward shift in affluent households that plan to keep their financial investments status quo (63%
in March) . Despite the continued strong sentiment expressed by HNW households, there’s a downward shift in
expected net increases to overall investments among this segment, from 45% in January the 39% in March.
AFFLUENT INVESTORS - $100K+ INVESTABLE ASSETS
ECONOMIC SENTIMENT
80%
Pessimistic
70%
60%
INVESTMENT SENTIMENT
How
How would
would you
you characterize
characterize your
your feeling
feeling about
about the
the
economic
economic outlook
outlook in
in the
the U.S.
U.S. over
over the
the next
next 33 months?
months?
58%
57%
70%
Optimistic
65%
53%
40%
37% 37%
33% 32%
33%
30%
0%
Sep
Oct Nov Dec Jan
2014
Increase
35%
No Change
32% 33% 33% 31%
29% 28%
20%
10%
29%
20%
Decrease
30%
35%
63%
59% 58% 61%
60%
50%
50%
40%
64% 64%
59%
60% 59%
60%
80%
In the next 3 months, which of the following changes
are you and your household likely to make regarding
your overall financial investments?
Feb Mar
6%
7%
8%
9%
9%
Sep
Oct
Nov Dec
Jan
2014
2015
6%
7%
Feb
Mar
2015
HNW INVESTORS - $1MM+ INVESTABLE ASSETS
80%
How would you characterize your feeling about the
economic outlook in the U.S. over the next 3 months?
71%
70%
65%
61%
71%
66%
65%
67%
Decrease
52%
52%
Increase
55%
53%
50%
Pessimistic
50%
Optimistic
40%
30%
40%
20%
In the next 3 months, which of the following changes
are you and your household likely to make regarding
your overall financial investments?
70%
60%
60%
30%
80%
20%
31% 30%
30%
40% 40%
22%
22%
24%
24%
10%
No Change
48%
45%
35%
38%
7%
8%
10%
8%
7%
Sep
Oct
Nov
Dec
Jan
51%
42%
54%
39%
7%
8%
Feb
Mar
0%
Sep
Oct
2014
Nov
Dec
Jan
Feb
2015
Note: remainder were “Not Sure” in each period.
Mar
2014
2015
Note: remainder stated they “do not own any investments”
Copyright
© Phoenix
Marketing
International
2015.follow
All rights
To purchase Affluent
& High Net
Worth Market
Sizing
Extracts please
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April 2015
Global Wealth Monitor Insights
FOR MORE INFORMATION, PLEASE CONTACT DAVID THOMPSON AT DAVID M. THOMPSON
Millennials are most likely to engage in the use of
online financial advice tools
Approximately one-quarter (24%) of total affluent households use online financial advice tools. Also referred to as
Robo-Advisors, advice is programmatically delivered (via websites or smartphone apps) with no human advisor
involvement. One-third of households headed by members under 35 years old report use of Robo-Advisors.
Usage declines to just over one-fifth among the 55+ market. If available, the most likely services to use via this
channel are Retirement Planning (32%), followed by Portfolio Management (17%).
Use of online financial
advice tools by age
$100K+ Investable
Assets
Age
%
< 35
36%
35-44
23%
45-54
31%
55-64
21%
65+
22%
Which of the following service are you likely to use with an online
financial tool? - $100K+ Investable Assets
Retirement Planning
32%
Portfolio Management
17%
Trust & Estate Planning
12%
Life Insurance
11%
Tax Management & Planning
10%
Credit & Debt Management
9%
Cash Flow & Liability Management…
7%
Major Purchase Planning
7%
Emergency/Rainy Day Planning
7%
Long Term Care Insurance
6%
Charitable Giving/Philanthropy Planning
5%
Education/College Planning
5%
Disability Insurance
2%
Copyright
© Phoenix
Marketing
International
2015.follow
All rights
To purchase Affluent
& High Net
Worth Market
Sizing
Extracts please
this link to our online store
Source: Phoenix reserved.
GWM-U.S. Tracking Program
Copyright © Phoenix Marketing International 2015. All rights reserved.
2