Research completed by UBS Wealth Management and Campden Research found that wealthy people are allocating the majority of their money to equities and less and less to hedge funds or real estate, according to a survey of family offices that was recently completed. Equities made up approximately one third of the average family office portfolio. Equities, however, rose about 1.6 percentage points against the previous annual report.
Alternative investment saw a 3.7 percentage point decrease. The survey evaluated 262 responses from family offices across the world and the average office managed $921 million.
While the ultra-wealthy may put more money into equities in the future, they are also likely to have a very broad portfolio. If you have questions about how to best protect the assets you have worked so hard to accumulate over the course of your life, scheduling a consultation with an estate planning lawyer in Pasadena is necessary.
Looking ahead to the future and thinking about how to maximize your own resources for your retirement and to pass on to future generations can be very helpful for anyone who is not sure how to best protect their interests.
