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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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Millionaire Investor Confidence Surges to a Near 9-1/2-Year High

The Spectrem indices were fielded in September in the midst of record market highs and our accompanying monthly survey of how Affluent investors intend to invest in the coming month found Millionaires especially engaged in the market.

| BY Donald Liebenson

The Spectrem Millionaire Investor Confidence Index (SMICI®) rebounded from its five-month low in August to reach a nearly 9 ½-year high in September. The SMICI gained 20 points to a mildly bullish 23, a level last reached in June 2004 and the biggest month-to-month increase since Spectrem Group began compiling the Index that year.

The surge in the SMICI also lifted the Spectrem Affluent Investor Confidence Index (SAICI®), which gained 17 points to 8, an almost 6 ½-year high and another unprecedented month-to-month increase.

The indices measure the investment confidence and outlook of households with more than $500,000 of investables and more than $1 million of investables, respectively.

Not that there aren’t pressing economic issues of concern to Affluent investors surveyed this month. When asked what they consider to be the most serious threat to achieving their financial goals at this current time, the highest percentage (22 percent) responded, “The economy.” This in a month in which perhaps the key economic report, the Unemployment Situation, was deemed at best disappointing by analysts.

Of near equal concern to Affluent investors is the stormy political climate, which showed no signs of abating in September. The partisan gap seems more like an abyss as the White House and lawmakers find themselves at odds over issues both foreign (how to respond to Syria’s alleged use of chemical weapons) and domestic (the Affordable Health Care Act, which opponents of the President’s signature legislation are determined to defund, and the escalating debt ceiling debate).

But the Spectrem indices were fielded in the midst of record market highs and our accompanying monthly survey of how Affluent investors intend to invest in the coming month found Millionaires especially engaged in the market and willing to move off the sidelines. Non-Millionaires expressed more caution and a preference for safer investments such as Cash. The investment preferences survey was taken before the Federal Reserve announced it would keep its stimulus program in place, speculation of which had roiled the markets over the last few months.

The jump in the indices is also reflected in a rebound from the previous month in the Spectrem Affluent Household Outlook, which surged to its highest reading since January 2011.






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.