PPB March 2015

MARKET TO MARKET

48 •

PPB

• MARCH 2015

GROW

Industry Snapshot:

Financial Services

AT LEAST 12,000 COMPANIES in the U.S. serve as financial advisors; of

these, at least 500 target clients with $20 to $50 million in assets, and at least 100

focus on clients with $50 million or more. There are three types of providers:

Keeping Friends Close,

And Money Closer

STOCKS ARE FEELING A LOSS OF LOVE AMONG INVESTORS

Fiduciary

• Custodian

• Trust Company

• Integrated Wealth Advisor

• Single Family Office

Professional Advisor

• Accountant

• Attorney

• Financial Planner

• Investment Consultant

Product/Service Provider

• Banker

• Investment Broker

• Insurance Agent

• Investment Manager

54 percent

are putting money in stocks,

compared to pre-financial

crisis levels of 65 percent.

41 percent

of investors ages 35 to 64

are investing in the stock

market, according to a recent

survey by Bank of America-

Merrill Lynch survey.

59 percent

of younger investors—

ages 18 to 34—are

slightly more involved

47 percent

of citizens with investable

assets of $250,000 or

more identify as conserva-

tive investors, favoring

low- to moderate-risk

investments.