I have over 30 years of professional experience in financial planning and investment management. I attended Lycoming College from 1978 to 1982, where I earned my BA in Business. I am a member of the Financial Planning Association and the Society of Financial Service Professionals. I enjoy international travel and I am passionate about horses, boating, fishing, fine wine and gourmet cooking. I am active in fund raising activies for local charities such as the Bonnie Brae School and Residential Treatment...
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Chief Executive Officer
Prestige Wealth Management Group
Flemington
New Jersey
Spectrem Affluent Investor Confidence Index (SAICI(SM)) Drops for Second Consecutive Month Spectrem Millionaire Investor Confidence Index (SMICI(SM)) Drops 5 Points, pr-inside.com - May 30, 2012
Spectrem Group announced today that its Spectrem Affluent Investor Confidence Index (SAICI(SM)) dropped 7 points in May to -5. The Index measures the investment confidence and outlook of households with $500,000 or more in net worth. This is the second consecutive month that the index posted a decline, a reflection of ongoing concern over whether the economic recovery is gaining traction.
The Spectrem Millionaire Investor Confidence Index (SMICI(SM)) dipped five points to 3, the biggest loss in almost a year.
"Affluent investors continued in May to remain on the sidelines," George H. Walper, Jr., President of Spectrem Group, observed. "The ongoing European Zone crisis and its impact on the global economy is the news story that is most affecting their economic outlook."
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