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Ed Meek
CEO/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, playing and following basketball, playing golf, and participating as an advisory board member for Breakthrough Urban Ministries.

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Spectrem Affluent Investor Confidence Index Rebounds in March

The Spectrem Affluent Investor Confidence Index (SAICI®) gained 9 points in March to 7. This was the highest month-to-month gain in six months.

| BY Donald Liebenson

The Spectrem Affluent Investor Confidence Index (SAICI®) gained 9 points in March to 7. This was the highest month-to-month gain in six months. The Spectrem Millionaire Investor Confidence Index (SMICI®) increased 4 points to 9.

The indices measure the investment confidence and outlook of households with more than $500,000 of investable assets and more than $1 million of investable assets, respectively. Year-to-year, both indices are up. The SAICI is up 9 points from its March 2013 reading, while the SMICI is up 6 points.

The March indices were compiled as the market's fortunes showed an upturn. Going into the final week of the first quarter, the U.S. stock market was up 1 percent, but trading has been more volatile than the start of 2013. But this, for now, seems enough to buoy investor’s spirits after a prolonged winter and the developing crisis in Ukraine.

The more positive Affluent mindset is reflected in Spectrem Group’s monthly investment preferences survey in which investors are asked how they intend to invest in the next month. Compared to the previous month, there was a sharp decline in investors who said they would hold on the sidelines, and an uptick in those who planned to invest in stocks.

The Spectrem Affluent Household Outcome, too, rebounded from a downturn in February, surging in March to a near three-year high. The Outlook measures Affluent investor confidence in four financial factors that impact their daily lives. While the Millionaire Outlook was more muted in March, non-Millionaires seemed to shake off the winter doldrums. The March non Millionaire Outlook was at its highest reading since May 2011 and it was the first time in three months that each component posted a positive reading.

Affluent investors are paying less mind to the partisan political climate and more to the overall economy and market conditions, which they consider to be the most serious threats to achieving their financial goals at this time.

About the Author

Donald Liebenson


Donald Liebenson writes news and features for Millionaire Corner. He has been published in the Chicago Tribune, The Chicago Sun-Times, The Los Angeles Times, Fiscal Times, Entertainment Weekly, Huffington Post, and other outlets. He has also served as a marketing writer for Chicago-based Questar Entertainment and distributor Baker & Taylor.  

A graduate of the University of Southern California, he is married with a college-age son. He also writes extensively about entertainment.