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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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US has more than 10 million millionaires - Benefits Pro, March 10, 2015

| BY Matthew Stern

There are now more than 10 million millionaires in the U.S., an apparent record, according to a new study.

The Spectrem Market Insights 2015 report, which looks at the affluent market and the behavior of affluent investors in the U.S., found that the number of households with a net worth of $1 million or more grew by almost 500,000 households in 2014 to reach 10.1 million.

According to Spectrem, this indicates that there are more affluent Americans than there ever have been.

“Wealthy American households are at their highest point ever, continuing the recovery from 2008 and 2009,” said George H. Walper Jr., president of Spectrem Group.

“Given the record level stock market in 2014, along with a full recovery of investment real estate, and investors’ perceptions of value of their own privately held business, it is not surprising that we see these record numbers,” he added.

The study also determined there were 29.5 million households with a net worth between $100,000 and $1 million in 2014.

The study found that millionaires with a net worth of between $1 million and $5 million increased by 400,000 to reach 8.79 million. 

Those with a net worth of between $5 million and $25 million grew by 60,000 to reach 1.168 million. The number of investors with more than $25 million reached 142,000, up from 132,000.

 

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