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Special Report on

The Mass Affluent

the mass affluent special research report Photo by assets.bizjournals.com
Figure 18: Income distribution of mass affluents, by whether the respondents have children in the household, February 2008 They use credit cards… Figure 19: Percentage of mass affluent customers who use credit cards, by gender, spring 2007 Figure 20: Percentage of mass affluent customers who use credit cards, by age, spring 2007 Figure 21: Credit card use among mass affluents, by income, spring 2007 Figure 22: Most popular credit cards among mass affluents, by gender, spring 2007 Figure 23: Most popular credit cards among mass affluents, by age, spring 2007 Figure 24: Most popular credit cards among mass affluents, by ...
which refers to the group at the opposite end of the middle class scale. There is considerable debate as to how the upper middle class might be defined. According to Max Weber the upper middle class consists of well-educated professionals with graduate degrees and comfortable incomes. The American upper middle class is defined using income , education , occupation and the associated values as main indicators. 1 In the United States, the upper middle class is defined as consisting of white-collar professionals who have above-average personal incomes , advanced educational degrees 1 and a high degree of autonomy in their work, ...
REVIEWS AND OPINIONS
JPMorgan making its move for the mass affluent | TheTradingReport
JPMorgan Chase & Co. wants to squeeze more business from its mass-affluent customers, and it’s asking Barry Sommers, the former head of its brokerage unit, to lead the effort. Mr. Sommers, who came to JPMorgan via The Bear Stearns Cos. Inc., where he was co-head of its private-client-services unit, has been made chief executive of retail affluent and investment services, a newly created job, reporting to Charlie Scharf, head of retail financial services. Greg Quental, also a Bear Stearns veteran, will become the new CEO of J.P. Morgan Securities Inc., replacing Mr. Sommers and reporting to Phil DiIorio, global head of ... market research, surveys and trends
MarketsandMarkets: Wealth Management Industry in U.S. Changing ...
This indicates a loss of client trust in large wealth management firms, necessitating a shift toward more personalised and customer-oriented services. FOR IMMEDIATE RELEASE PRLog (Press Release) – Aug 05, 2010 – The wealth management industry has witnessed dramatic changes in the last two years due to the economic crisis. Registered Investment Advisors (RIAs) have captured the assets of wirehouses or large wealth management firms. Wirehouse advisors showed high productivity (client assets per advisor) in 2009 (an average of $83 million client assets). However, wirehouses lost 0.9% of the assets under management ... market research, surveys and trends

SURVEY RESULTS FOR
THE MASS AFFLUENT

Financial Advice for the 'Mass Affluent' - New York Times
Two years ago, Marty Dragutsky was downsized out of a job selling pharmaceuticals. That startling event forced him to finally take account of his finances. After 30 years in sales, the last 17 years with a division of Abbott Laboratories , Mr. Dragutsky had accumulated a nest egg of nearly half a million dollars in his 401(k) account — nearly all of it in Abbott Labs stock. Mr. Dragutsky, 59, of Gainesville, Fla., knew that would not be enough to sustain him and his family through retirement. He had a brokerage account with PaineWebber but rarely used it. So he turned to Davis, Monk & Company, a Gainesville ... industry trends, business articles and survey research
Affluent Russians lose RUB800 Billion last year. Russian mass ...
The mass affluent segment has survived the crisis and is expected to become one of the drivers of Russia's future economic growth In 2009, the size of the mass affluent segment in Russia shrank from 1.2 mln to 990 000 people, while the total amount of investable wealth held by this class dropped to 3.4 trillion rubles from 4.2 trillion rubles, according to the annual research conducted by the New Economic School (NES) and Citigold (Citibank's global wealth management business serving the affluent client segment) and published today. NES and Citigold have analyzed the impact of the financial crisis on the Russian mass ... industry trends, business articles and survey research
RELATED NEWS
Memphis investment firm Wunderlich expands here, across U.S.
The Memphis-based brokerage firm will take over the entire ground floor by Nov. 1 with the 16,000-square-foot expansion in a renewed 71/2 -year lease. Question is, just how much bigger might this fast-growing investment company become in 71/2 years or 15 years, both in Memphis and around the nation? Photo by Nikki Boertman Buy this photo » President Philip Zanone Jr. (left) and chief operating officer Stephen Bonnema have helped guide Wunderlich's growth. Consider that in 2007 the 13-year-old firm had 150 employees, six locations nationwide and $23 million in revenues. Today, Wunderlich counts more than 400 ... market trends, news research and surveys resources
Analyst Briefing on Wealth Management Industry in US to be held on 19th Aug 2010
The Banking and Financial Services practice at MarketsandMarkets is pleased to announce its Analyst Briefing Presentation on Wealth Management Industry in U.S. � Changing Trends, Opportunities, and Strategies to be held on 19th Aug 2010. Online PR News – 13-August-2010 – The Banking and Financial Services practice at MarketsandMarkets is pleased to announce its Analyst Briefing Presentation on Wealth Management Industry in U.S. � Changing Trends, Opportunities, and Strategies to be held on 19th Aug 2010. Browse in-depth ToC on Wealth Management Industry in U.S. � Changing Trends, Opportunities, and Strategies Early ... market trends, news research and surveys resources

INFORMATION RESOURCES

Marketing To The Mass-Affluent
the emergence of the mass affluent, about the opportunities for them. It takes ... LUXURY MARKETING: The No B.S. Marketing-To-The-Mass-Affluent Letter ... technology research, surveys study and trend statistics
Comments on File No. S7-25-06
level of investment knowledge of the mass affluent is higher than it was .... that the mass affluent have access to funds that can partially immunize their ... technology research, surveys study and trend statistics
In Marketing, Think Outside the Niche - HBS Working Knowledge
With hit products like no-wrinkle shirts and designer mints, some businesses are profiting from an updated form of mass marketing. A Harvard Business Review excerpt. by Paul F. Nunes, Brian A. Johnson, and R. Timothy S. Breene A funny thing happened to U.S. household income while marketers weren't looking: Its distribution curve changed dramatically. It used to be that incomes clustered intensely at or near the average level. A huge proportion of households, in other words, made essentially the same amount of money. Past that hump, the numbers of households earning at greater increments dropped off precipitously. But note ...
REAL TIME
THE MASS AFFLUENT
  1. profile image cresc_lbrown The master minds of all nations, in all ages, have sprung in affluent multitude from the mass of t..-M.Twain #quote http://iwise.com/7HUDG
  2. profile image inspiquotes RT @Kyauphie: The master minds of all nations, in all ages, have sprung in affluent multitude from the mass of t..-M.Twain #quote http://iwise.com/7HUDG
  3. profile image affilolife The master minds of all nations, in all ages, have sprung in affluent multitude from the mass of the nation, and http://url4.eu/6pRYV
QUESTIONS AND ANSWERS
Are you part of the "mass affluent", a millionaire or a mega ...
In their book Get Rich, Stay Rich and Pass It On, the authors distinguish between the "mass affluent" (net worth of $100,000 - $1,000,000), the millionaires (net worth of $1,000,000 - $5,000,000) and the mega-millionaires (more than $5,000,000). Note: Net worth excludes the value of the residence in which the person lives. I got really dizzy reading about all those big numbers! Anyways, my research question might be perceived as being a bit personal, so please feel free to ignore me. Alternatively, you could mention how many mass affluents or millionaires you have in your network. If you say "one," it could be you or one of your ...
Google Answers: reaching the penta-millionaire market...
Hello Mp2003, I've organized a digest of links to articles and reports which include brief excerpts related to the habits of penta-milionaires. ========================================= The Spectrum Group published a 20 page report: Moving Up Market - A Comparison of Millionaires vs. Pentamillionaires Countries Covered: United States The price of this report is US $1,500.00 and it is available for online purchase. This report contrasts the major demographic, attitudinal and behavioral differences between the two groups. It outlines product and service requirements for financial services firms currently ...