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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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Spectrem Affluent Investor Confidence Index (SAICI(SM)) Drops for Second Consecutive Month Spectrem Millionaire Investor Confidence Index (SMICI(SM)) Drops 5 Points, Live-PR - May 30, 2012

Spectrem Group announced today that its Spectrem Affluent Investor Confidence Index (SAICI(SM)) dropped 7 points in May to -5. The Index measures the investment confidence and outlook of households with $500,000 or more in net worth. This is the second consecutive month that the index posted a decline, a reflection of ongoing concern ver whether the economic recovery is gaining traction.

The Spectrem Millionaire Investor Confidence Index (SMICI(SM)) dipped five points to 3, the biggest loss in almost a year.

"Affluent investors continued in May to remain on the sidelines," George H. Walper, Jr., President of Spectrem Group, observed. "The ongoing European Zone crisis and its impact on the global economy is the news story that is most affecting their economic outlook."

To read the orginal article please follow the link to Live-PR.