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Featured Advisor

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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Role for Advisors in Giving, Real Estate Investment?

The nation’s wealthiest investors rely on a number of advisors, but when it comes to philanthropy and real estate they’re likely to go it alone. Learn more.

| BY Adriana Reyneri

The nation’s most affluent households rely on a number of advisors to help them manage their complex finances, but tend to make their own decisions when it comes to two key aspects of high net worth wealth management, according to our newly released $25 Million Plus Investor 2012.

Typically, investors from households with a net worth exceeding $25 million are heavily exposed to the real estate market and give substantial amounts to charity each year. On average, real estate accounts for 10 percent of net worth for these affluent investors, while charitable giving exceeds $100,000 a year for 20 percent of the households, according to our research.

Despite the sizable assets involved, most $25 million plus investors purchase real estate and give to charity without input from a financial professional. Only 8 percent says they use advisors to help them allocate and direct their charitable giving, while 60 percent cite the factor, “I tend to donate to those causes in which I am most passionate and interested.”

Yet, our study also reveals potential roles for advisors. A relatively small share of $25 million plus investors, 14 percent, indicate an interest in donating to causes that help individuals in emerging nations become more self-sufficient and 25 percent express and interest in impact investing to “promote social good and use my wealth in a productive manner.” Close to half (47 percent) indicated they would consider charitable giving strategies to reduce taxable income.

Our research suggests $25 million plus investors are somewhat more open to receiving advice on real estate matters. More than one-third (36 percent) indicate in interest in working with advisors on investing in real estate and real estate products, such as Real Estate Investment Trusts or REITs, and 40 percent says they currently receive professional advice on real estate investment.

The most affluent households, those with a net worth exceeding $125, are more likely to consult with advisors over charitable giving (21 percent) or real estate investment (55 percent).