SOURCE: Spectrem Group

January 28, 2014 08:00 ET

Affluent Investors Upbeat Amidst Market Volatility

CHICAGO, IL--(Marketwired - Jan 28, 2014) - The Spectrem Millionaire Investor Confidence Index (SMICI®) surged 13 points in January to 17, a four-month high, Spectrem Group announced today. The Spectrem Affluent Investor Confidence Index (SAICI®) gained 8 points to 7, its biggest month-to-month gain in five months.

The monthly indices measure the investment confidence and outlook of households with more than $500,000 in investable assets and more than $1 million in investable assets, respectively.

The indices were compiled before the recent market downturns, noted George H. Walper, Jr., President of Spectrem Group. "Before the market fluctuations, the Affluent investor mindset was upbeat, as was indicated in the rise in the indices, as well as a modest increase in the Spectrem Affluent Household Outlook in January. Affluent investors, too, were indicating that in the coming month they would be moving off the sidelines to invest in equity funds and equities. But we will have to see what happens in the wake of the market suffering its worst weeks in years."

Affluent investors, too, expressed that they are focused on stock market conditions as the primary factor that is most affecting their current investment plans.

Additional insights from the indices are available on Spectrem's Millionaire Corner website (www.millionairecorner.com):

                     
                     
    September, 2013   October, 2013   November, 2013   December, 2013   January, 2014
Spectrem Affluent Investor Confidence Index®   8   -4   1   -1   7
Spectrem Millionaire Investor Confidence Index®   23   8   10   4   17
                     
                     

Methodology

The Spectrem Affluent Investor Confidence Index (SAICI ®) is based on 250 monthly online interviews with the financial decision-makers in households with $500,000 or more in investable assets. The Index has a margin of error of plus or minus 6.2 percentage points. The Spectrem Millionaire Investor Confidence Index (SMICI ®) is based on a subset of the overall survey group.

About Spectrem Group: Spectrem Group (www.spectrem.com) strategically analyzes its ongoing primary research with investors to assist financial providers and advisors in understanding the Voice of the Investor.

About Millionaire Corner: Spectrem's Millionaire Corner website (www.millionairecorner.com) provides information for investors about investors. With its Find an Advisor service, investors are able to search for financial and investment advisors to assist in growing their wealth.