Publications

The nation’s rich making the shift to private equity and real estate
Investors - MAY 25, 2023

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

The nation’s rich making the shift to private equity and real estate

by Mike Consol

How do the wealthy invest today, and what can we learn from them?

While there is no single approach, there are lessons to be learned from how high-net-worth (HNW) investors manage their wealth and transfer it to future generations. From traditional stocks and bonds to commercial property and other alternative investments, how the wealthy invest — particularly during uncertain economic times — can provide lessons in not just preserving wealth but growing it.

Currently, 62 percent of wealthy investors are baby boomers, with Generation X at 20 percent and millennials and the silent generation at 9 percent each, according to a 2022 report by Bank of America on wealthy Americans with more than $3 million in investible assets.

There is no single investment approach among the rich, but some generalities do apply. Historically, HNW investors have allocated around 50 percent of their assets to stocks, 20 percent to bonds, 25 percent to alternatives and 5 percent

Forgot your username or password?