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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.

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Women More Invested in Family and Health Concerns

What concerns wealthy women investors most?

Women investors, not surprisingly, feel health and family issues more keenly than overall households in their wealth level, according to a recent study by the Spectrem Group of wealthy women investors.

In Mass Affluent households with a net worth between $100,000 and $1 million (not including primary residence), 61 percent are concerned about the health of a spouse, 56 percent about a family health catastrophe, 55 percent about caring for aging parents, 53 percent about their own health, 43 percent about having someone care for them in their senior years.  Women Mass Affluent investors responded more strongly, with 69 percent worried about the health of their husband, 62 percent about a family health emergency, 57 percent about caring for elderly parents, 65 percent about their own health, and 57 percent about having someone care for them in their elder age.

Wealthier women investors had similar responses. In Millionaire households with a net worth up to $4.9 million (NIPR), they were more concerned about the health of their spouse (64 percent vs. 61 percent overall), a family health catastrophe (58 percent vs. 56 percent), their own health (57 percent vs. 53 percent), having someone to care for them in their elder years (a dramatic 56 percent vs. 43 percent). They are almost equally concerned with the prospect of caring for aging parents (54 percent vs. 55 percent).

The contrasts are more dramatic in Ultra High Net Worth households with a net worth between $5 and $25 million (NIPR). Women take health and family issues much more to heart than the overall investor.

At this level, women are most concerned about their own health (66 percent). They are also much more concerned about a family health catastrophe (68 percent vs. 53 percent), caring for aging parents (61 percent vs. 46 percent overall), and having someone take care of them in their senior years (58 percent vs. 43 percent). A near equal number are concerned about the health of their spouse (61 percent vs. 59 percent).