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Featured Advisor



Ed Meek
CEO/Investment Advisor

Edge Portfolio Management

City:Winfield

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, playing and following basketball, playing golf, and participating as an advisory board member for Breakthrough Urban Ministries.

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Plansponsor, May 9, 2017 - Investors Plan to Spend Less for Mother's Day Gifts This Year

Despite healthy markets, investors are feeling less generous toward Mom this year, with nearly one in five (18%) indicating they don’t plan on spending any money on a gift for Mother’s Day this year, versus just 5% saying the same thing in Spectrem Group’s 2016 survey.

The survey of nearly 1,200 people found 28% plan to spend $1 to $49 on Mom, and the same percentage plan to spend $50 to $99. In the 2016 survey, 42% were planning to spend $1 to $49 and 33% were planning the spend $50 to $99. About one-quarter of this year’s respondents (26%) plan to spend $100 or more.

For those buying a gift, however, flowers remain the most popular option, with four in ten (39%) investors citing it as the gift they usually buy. While flowers are most cited by those in all occupations, the survey found corporate executives are more likely than business owners or other occupations to purchase jewelry for Mom.

Corporate executives are also more likely than business owners or other occupations to give Mom a trip or vacation for Mother’s Day.

 

To read the original article, click here