In the wake of the Great Recession, deep-pocketed investors are hedging their bets more than ever not only with the type of investments they're making but also with the advisors they're counting on to show them the money.
A new survey released this week by State Street Global Advisors and Knowledge@Wharton, an online resource created by the venerable business school, found that many ultra high net worth investors are using multiple advisors to manage their assets -- often unbeknownst to their advisors -- and that the advisors who have the skills, resources and tenacity to position themselves as a lead advisor stand to rake in the lion's share of fees and grow their businesses at a rapid clip.
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