Shop Talk: What the data tells us about ultra-high-net-worth families

There are now enough ultra-high-net-worth families around the world to fill a football stadium, and the number of $30-million-plus families is expanding about 2 percent per year. Fifty percent of their portfolios, on average, are devoted to illiquid investments, and they hold five- to 10-times more cash than high-net-worth families. Bob Miller, CEO of Private Client Resources, which researches ultra-rich families, is our guest. (11/2017)

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