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Featured Advisor

Srbo Radisavljevic
Managing Principal/Investment Advisor

Edge Portfolio Management


State: IL

At Edge, a low client to advisor ratio allows for personal and customized service for each individual.  Our goal is to work as a team for each client to provide not only portfolio management but wealth coordination and financial planning.  We make every effort to have frequent communication with our clients and to provide timely response to calls and emails.  I also enjoy spending time with my wife and three kids, following Chicago sports, enjoying ethnic cooking, and serving as a school board member for Norridge School District 80.

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Advisor Satisfaction Among Wealthy Investors

The wealthiest investors are the most satisfied with their advisors, according to Spectrem research.

| BY Kent McDill

Advisor satisfaction continues to climb among all wealth segments, with satisfaction among the wealthiest investors growing significantly.

Spectrem’s quarterly research in its Wealth Segmentation Series – Relationships with Advisors – details the rise in satisfaction among all investors at all wealth levels, although there are significant statistical differences in the level of increase based primarily on age and level of wealth.

The research examined the relationships with advisors in three unique wealth segments: Mass Affluent (with a net worth of between $100,000 to $1 million Not Including Primary Residence), Millionaire (net worth between $1 million and $5 million NIPR) and Ultra High Net Worth ($5 million to $25 million NIPR).

Overall advisor satisfaction is highest among UHNW investors, and has reached 80 percent. That’s an increase of 7 percent over the 2013 satisfaction percentage.  Satisfaction among Millionaires barely moved from 72 to 73 percent, and increased from 69 to 72 percent among Mass Affluent investors.

While in some cases the year-to-year improvement is slight, the overall satisfaction from 2009 to 2013 has gone up more than 10 percent, from 61 percent to 72 percent among Mass Affluent investors, and from 72 to 80 percent among UHNW investors. The wealthiest investors also report the greatest appreciation for advisor recommendations and advice over the past year, from 65 percent to 75 percent.

 Asked whether they are more satisfied with their advisor than in the past, 38 percent of UHNW investors said yes, 31 percent of Millionaires agreed and 26 percent of Mass Affluent investors agreed.

The greatest level of satisfaction in terms of specific advisor performance is in responsiveness to requests. Seventy-eight percent of Mass Affluent investors, 79 percent of Millionaire investors and 84 percent of UHNW investors are satisfied with the responsiveness of their advisors. Unique to that statistic is that the satisfaction among Millionaire investors is actually down 3 percent from the level it was at in 2009, when satisfaction about responsiveness was at 82 percent.


About the Author

Kent McDill

Kent McDill is a staff writer for Millionaire Corner. McDill spent 30 years as a sports writer, working for United Press International and the Daily Herald of Arlington Heights, Ill. From 1988-1999, he covered the Chicago Bulls for the Daily Herald, traveling with them every day through the nine-month season. He also covered the Bulls for UPI from 1985-88, and currently covers the team for He has written two books on the Bulls, including the new title “100 Things Bulls Fans Should Know And Do Before They Die’, published by Triumph Books. In August 2013, his new book “100 Things Bears Fans Should Know And Do Before They Die” gets published.

In 2008, he resigned from the Herald and became a freelance writer. The Herald hired him to write business features and speeches for the Daily Herald Business Conferences and Awards presentations.

McDill also writes a monthly parenting column for the Herald’s Suburban Parent magazine.

McDill is the father of four children, and an active fan of soccer, Jimmy  Buffett and all things Disney.