Wealthy people are no longer feeling so flush, but they’re not quite so pessimistic about the economy either, especially those with written financial plans, according to the latest Phoenix Wealth Survey by Phoenix Wealth Management/Harris Interactive.
Despite a marked improvement in stock market performance, as many as 74% of high-net-worth people — those with $1 million or more of investable assets — are feeling substantially less wealthy than they did a year ago.
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