Facebook Twitter LinkedIn
Register for our daily updates!


Featured Advisor



Srbo Radisavljevic
Managing Principal/Investment Advisor

Edge Portfolio Management

City:Northbrook

State: IL



BIOGRAPHY:
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.

Click to see the full profile


Share |

New Spectrem Service Connects Investors and Financial Advisors, AdvisorOne - March 5, 2013

 

Responding to growing demand from affluent investors for online financial information and advice, Spectrem’s online Millionaire Corner last week introduced an online service to look for and vet individual advisors who are members of the site.

Investors using the new service, Find an Advisor, can search the database for a potential advisor by state, specialty and professional designation. Personalized videos and profiles cover such matters as each advisor’s credentials, investment philosophy, way of working with clients and links to regulatory filings.

“Our Find An Advisor service meets investors where they increasingly spend their time, which is online and often using social media and mobile devices,” Catherine McBreen, Millionaire Corner’s president, said in a statement.

Recent studies have shown that wealthy investors are looking to the Internet and social media for access to sophisticated investment advice, a trend wealth management professionals ignore to their disadvantage.

Spectrem said it had created Millionaire Corner, its online investment center, and the new service for connecting advisors and investors in response to its own research that showed the following:

  • 64% of ultrawealthy investors, with at least $5 million in net worth not including their primary residence, evaluate financial firms and seek investing information online
  • 60% of millionaire investors, with $1 million to $5 million in net worth, use tablets to research investments, and 43% seek financial advice online
  • 39% of millionaire investors who are 44 or younger regularly read financial blogs, and 21% rely more on social media than on traditional media for information.

Spectrem’s statement said Millionaire Corner had to put aside plans to post client survey results on Find an Advisor after failing to secure approval to do so from the SEC. It said Millionaire Corner in the future would conduct a client survey for each advisor, then share the results directly with the advisor.

 

Click here to follow link to original article by AdvisorOne.