SOURCE: Spectrem Group

January 30, 2013 08:00 ET

Spectrem Millionaire Investor Confidence Index (SMICI®) Climbs to Nearly Two-Year High in January

CHICAGO, IL--(Marketwire - Jan 30, 2013) - Spectrem Group announced today that its Spectrem Millionaire Investor Confidence Index (SMICI®) gained 13 points in January, a near two-year high. The Spectrem Affluent Investor Confidence Index (SAICI®) gained five points from the previous month to -4.

The Indexes measure the investment confidence and outlook of households with $500,000 or more in net worth.

"Millionaire investors drove increases in both Spectrem Indexes in January," noted George H. Walper, Jr., President of Spectrem Group. "They were more active in the markets than their Non-Millionaire counterparts, and are expressing more confidence in the economy and company health, according to the latest Spectrem Millionaire Household Outlook, which surveys attitudes toward financial factors that impact their daily lives."

When asked what is the one factor affecting their investment plans today, the highest percentage of Affluent investors said Stock market conditions, followed by the economic environment. This month saw a waning impact on Affluent investment plans of the political environment, perhaps a reflection of relief over the zero hour passage at the beginning of the month of a fiscal cliff deal.

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

Index Historical Performance

                     
    September, 2012   October, 2012   November, 2012   December, 2012   January, 2013
Spectrem Affluent Investor Confidence Index®  

 -8
 

 -2
 

 -13
 

 -9
 

 -4
Spectrem Millionaire Investor Confidence Index®  

 -1
 

 -2
 

 -6
 

 -2
 

 11
                     
                     

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 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.

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 and offers investors the ability to search for a financial advisor.