SOURCE: Spectrem Group

June 29, 2011 08:00 ET

Spectrem Affluent Investor Confidence Index (SAICI (SM)) Falls 11 Points in June to -9

Biggest Monthly Decline in More Than 3 Years; Spectrem Millionaire Investor Confidence Index (SMICI (SM)) Down 2 Points to -1

CHICAGO, IL--(Marketwire - Jun 29, 2011) - Spectrem Group announced today that its Spectrem Affluent Investor Confidence Index (SAICI(SM)) fell 11 points in June to -9, its biggest drop in more than 3 years.

The decline is the largest since January 2008 for the affluent index, which measures the investment confidence and outlook of households with $500,000 or more in investable assets. It brings the index to its lowest level since October 2010, when it stood at -13, and keeps it in neutral territory.

Meanwhile, the Spectrem Millionaire Investor Confidence Index (SMICI(SM)) fell 2 points in June to -1, also a neutral reading.

"Affluent investors posted their biggest decline in investment confidence in more than 3 years in June, with millionaires' confidence falling slightly as well. The nation's wealthiest investors overwhelmingly cited the economy as their biggest concern. Given the worrisome economic news that emerged in June, it's not surprising to see wealthy Americans struggling with their investment optimism," said George H. Walper, Jr., President of Spectrem Group.

Additional insights from the indexes are available on Spectrem's newly launched Spectrem's Millionaire Corner website (www.millionairecorner.com). These include:

In response to an open-ended question about the most serious threat to achieving their household financial goals, affluent investors in June cited: the economy (35%); the political climate (14%); market conditions (13%); inflation (9%); unemployment (7%); and health-related issues (1%). Those citing the economy rose from 22% in March 2011, the last time this question was asked, while those citing the political climate fell from 22%

Millionaires were less focused on the economy (28%) than the affluent but more focused on market conditions (19%).

Historical Performance

JanuaryFebruaryMarchAprilMayJune
Spectrem Affluent Investor Confidence Index(SM)

-3


4


1


-7


2


-9
Spectrem Millionaire Investor Confidence Index(SM)

2


17


8


-1


1


-1

Methodology

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

About Spectrem's Millionaire Corner
Spectrem's Millionaire Corner website (www.millionairecorner.com) is a powerful source for up-to-the-minute news and information for investors, about investors designed to fuel financial growth. It incorporates Spectrem Group research as well as outside information. In the future, the site will offer financial advisor referrals.

About Spectrem Group
Spectrem Group is a strategic consulting firm specializing in the affluent and retirement markets, integrating proprietary research with expertise in building business, marketing and M&A strategies. Its professionals have held senior management positions at leading global companies.

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