Investment managers characterize the U.S. economy as resilient, whether or not the Federal Reserve curtails its current quantitative easing program, according to a survey by Northern Trust.
The paper also discussed how factors such as volatility, inflation, growth, interest rates, currencies and correlations may drive returns in the short term as well as in the long run.
Professional advisors almost universally agree that philanthropy plays an important role in their high net worth clients' wealth experience, and that engaging clients about their philanthropic ambitions is good for their own business.
The investable assets of U.S. consumers have fully recovered from the financial meltdown of 2008, presenting independent wealth managers with one of the best opportunities within the financial services industry
While the US political impasse may provide further disruption to the market, we very much doubt that the government will default on its debt obligations. It has left all non-essential government activities closed.
"Consistent with asset managers' expectations, we anticipate the use of alternatives in individual investors' portfolios to grow,"