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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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Stormy Political Climate Considered to be Most Serious Threat to Achieving Financial Goals

The percentage of Affluent investors who consider the political climate to be the most serious threat to achieving their household's financial goals is the highest since September 2010 when the Tea Party was a force in the midterm elections. 

| BY Donald Liebenson


With less than a week before the presidential election, Affluent investors cannot seem to take shelter from the political climate. When asked what they consider to be the most serious threat to achieving their household’s current financial goals, the largest percentage of Affluent investors (26 percent) responded, “the Political Climate.” In comparison, 18 percent responded “Market Conditions” and 16 percent “the Economy.”

Less than 5 percent consider either “Inflation” (4 percent) or the “International Situation” (2 percent) to be the most serious threat to achieving their household’s financial goals at this time.

The 26 percent of Affluent investors who consider the political climate to be the most serious threat to achieving their household’s current financial goals is a gain of 11 percent since June 2016 when this question was last asked, and the highest response to this question since September 2010. That was the year of the midterm elections, in which the Tea Party was a rising force and the Republican party recaptured the majority in the U.S. House of Representatives with a gain of 63 seats, the largest seat change since 1948.

The months leading up to the election have been increasingly volatile in this increasingly tight presidential race in which both candidates suffer historically low favorable ratings among the electorate. In September, Clinton’s health issues became a trending news story when it was revealed she had been diagnosed with pneumonia, which her campaign did not disclose. On Sept. 16, two black men in different cities, Tulsa, Oklahoma and Charlotte, North Carolina, were shot by police officers. The incidents renewed focus on race relations and law enforcement, pivotal issues in this presidential race. In October, a tape from 2005 in which Donald Trump engaged in "locker room talk" with Billy Bush was released. In the aftermath, several women came forward with accusations that Trump groped them. Hillary Clinton's campaign was dogged by daily Wikileak dumps of embarrassing, and to some, compromising e-mails.

The months immediately following the election will tell whether the political climate and the results of the presidential election will have an impact on Affluent investors’ investment mindset. When asked  last July by Spectrem Group what factor was having the most significant impact on their investment plans, less than 10 percent cited the Political Climate vs. the 30 percent who said Stock Market Conditions. Separate 2016 Spectrem Group wealth research finds that less than 30 percent of investors indicated they would not make major investment and financial decisions until after November.



About the Author


Donald Liebenson

dliebenson@millionairecorner.com

Donald Liebenson writes news and features for Millionaire Corner. He has been published in the Chicago Tribune, The Chicago Sun-Times, The Los Angeles Times, Fiscal Times, Entertainment Weekly, Huffington Post, and other outlets. He has also served as a marketing writer for Chicago-based Questar Entertainment and distributor Baker & Taylor.  

A graduate of the University of Southern California, he is married with a college-age son. He also writes extensively about entertainment.