In the wake of the London subway and bus bombings, top concerns among affluent Americans have shifted from the economy to terrorism, safety, and security, according to a survey to be released today. Processing Content The latest quarterly McDonald Financial Group Affluent Consumer Confidence Index report said affluent Americans now view terrorism as the No. 1 issue facing the country, with 32% naming it, double the share that rated it No. 1 in the previous quarter and more than picked any other concern. David Legeay, a senior vice president at McDonald Financial Group, the investment arm of KeyCorp in Cleveland, said the results were skewed because the survey was done from July 6 to 15, straddling the July 7 bombing date. Economic confidence among affluent Americans improved by two points in the quarter after a five-point decline the previous quarter. |
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Nearly two-thirds of advisors surveyed this month said that internal training programs or workshops were offered by their firms.
February 6 -
The 260 advisors in Huntington's wealth unit will now turn to Ameriprise for brokerage, advisory and insurance services previously provided internally.
February 6 -
Even though advisors doubt it will pass, California's proposed billionaire tax is already reigniting residency and wealth planning conversations.
February 6 -
Financial advisor Drew Boyer turned an accidental acceptance from a fire chief into a successful niche serving firefighters and police officers.
February 5 -
Private equity-backed M&A activity has steadily risen. Owners may do great in a sale, but what about advisors lower in the organization?
February 5 -
With unfounded rumors spreading that Osaic was about to buy its rival Cetera, a Texas-based headhunting firm started calling advisors to see if they wanted to move. Other industry recruiters say that crossed an ethical line.
February 5




