After navigating their portfolios through some very difficult investment waters in recent years many ultra high net worth investors are now adopting a more laissez-faire approach to their investments, leaving the day-to-day details to their financial advisors.
According to a new survey released this week by Spectrem Group, a Chicago-based strategic consulting firm specializing in the affluent and retirement markets, only 47% of investors with a net worth of between $1 million and $5 million said they prefer to be actively involved in the day-to-day management of their investments.
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