A recent survey from financial services provider Equitable defined the “mass affluent” as Americans who have an income level at or above $90,000 per year. According to that survey, 80% of all ...

The Forbes Research 2025 High Net Worth Survey shows wealthy consumers seek cutting-edge retail experiences, but 89% still want to walk into a brick-and-mortar store.

HSBC aims to double the assets under management in its British wealth business to 100 billion pounds ($131 billion) in the next five years, the division's head told Reuters, joining rivals in ...

Emerging affluent investors highly value fundamental services provided by their financial professional, such as offering guidance on difficult financial decisions and balancing risk and reward in ...

Cerulli's report found that 59% of affluent clients under the age of 30 turned to advisors other than their parents, as did 69% of those under 40. In the 50 to 59 age group, the rate jumped to 81%.

While nine-tenths are satisfied with their financial advisor and would look to their current provider first for a new service, firms can't let their guard down, says Cerulli. OCT 18, 2024 ...

What looks like wealth to one person might not seem that way to others ... A net worth of $500,000 might make you affluent in some parts of the country, ...