RSS Facebook Twitter LinkedIn

Featured Advisor

Kim Butler

Partners for Prosperity, Inc.

City:Mt. Enterprise

State: TX

I have 20+ years of handling alternative investments in cash, growth and income for clients nationwide.  I strive to help my clients with all things financial in every way possible over the phone and the web.  I own an alpaca farm which I enjoy working during my downtime.  I also enjoy gardening, writing and reading books.  I also train other advisors on Prosperity Economics.

Click to see the full profile

Share |

November 10, 2014 Millionaire Fact of the Day




November 10, 2014 Millionaire Fact of the Day: Do 25 Million Plus Investors Prefer Brand Name Advisors?


1.     Did you know that the ultra-wealthy don’t rely upon brand name recognition?


In fact, only 44 percent of investors with more than $25 million of net worth prefer to use providers that have brand name recognition.  Slightly more (49 percent) want a firm that has is the “best in the industry”.  Just over a third of these very wealthy households require that their provider has a global presence.

What can you learn from this?  Everyone want their provider to be the best in the industry, however, it’s more important that a advisory firm be the “best for your needs”.  Depending upon your level of wealth…you may or may not care if an advisory firm has a global presence.  And as far as brand name recognition… need to decide if having a strong brand name in your region is adequate for you.  It may be that a national brand name is available in your region…but maybe the local provider better suits your needs.

What is important in finding an advisor is whether he or she meets the needs and expectations of investors like yourself.  Check out the ratings on our Best Advisor service….perhaps you will be able to find an advisor that investors like yourself have rated highly.