James Langton “It is possible that the mass affluent, a segment that skews younger, might not have the same amount of time invested in the relationship with the advisor, making the choice to stay with the firm more attractive,” Spectrem says in a statement. “Two-thirds of investors who prefer to stay with the firm do so because the safety and brand name of the company is more important than the relationship with the advisor,” Spectrem adds. See also: How loyal are your clients? Investors were also asked to judge their level of loyalty overall, to either a company or to a person within the brand or company. Investors who consider themselves very advisor dependent are far more loyal to that person than they are to the brand, Spectrem says, with 52% claiming greater loyalty to the individual, versus just 26%, who favour the brand. In contrast, self-directed investors who only use advisors when dealing with significant life events, report they are more likely to be loyal to the brand, 40%, over the individual, 30%. Follow Investment Executive on LinkedIn. Share this article and your comments with peers on social media Facebook LinkedIn Twitter There’s a 50/50 split among investors on the question of whether they would follow their advisor to a new firm or stay with the old firm, according to a recent survey from Lake Forest, Ill.-based Spectrem Group. This split applies to both millionaire investors, with a net worth between US$1 million and US$5 million, and ultra high net worth investors with a net worth between US$5 million and US$25 million. However, mass affluent investors investors, those with a net worth of between US$100,000 and US$1 million, lean slightly toward staying with the firm.
iStock/Thinkstock(BENTON, Ky.) — Two teenagers have died and 17 other people are wounded after a shooting at a Kentucky high school Tuesday morning, Kentucky Gov. Matt Bevin said.The suspect, a 15-year-old male student, was taken into custody, Bevin said.Fourteen people suffered gunshot wounds, including the two victims who died, Bevin said at a news conference.A 15-year-old girl, later identified as Bailey Nicole Holt, died at the scene and a 15-year-old boy, later identified as Preston Ryan Cope, died at the hospital, Bevin said.Five others suffered other injuries, he said, calling the shooting “heartbreaking.”The shooting took place just before 8 a.m. local time at Marshall County High School in Benton, Kentucky, about 120 miles northwest of Nashville, Tennessee.The scene has been secured, the state police said. It’s believed that everyone who was injured was a student.Five patients, all males ranging in age from 15 to 18, were taken to Vanderbilt University Medical Center in Nashville, doctors there said.Among the patients was the 15-year-old boy who did not survive; he was shot in the head, doctors said.The four remaining patients there are expected to survive, doctors said.Bevin said the suspect will be charged with murder and attempted murder.One student told ABC affiliate WHAS-TV in Louisville that he was in the library when he heard what sounded like a fight.“Someone was hitting on the window. I took off my headphones and turned around and everyone was just broken up, they were running. I saw the flashes from the gunshots and by that time I was just running,” he said. “We all started running toward the library office, and once we got in there, we just shut the lights off, sat down, locked the doors. We were taught what to do in a lockdown scenario and that’s what everybody did.”White House Press Secretary Sarah Sanders said the president has been briefed on the shooting.“Our thoughts and prayers are with the families in Marshall County,” Sanders said.Senate Majority Leader Mitch McConnell, R-Ky., tweeted Tuesday, “My thoughts are with the students, teachers, faculty, and the entire community. Thank you to the first responders who continue to put themselves in harm’s way to protect others.”“The souls of Marshall County have been bruised and the fabric of the community has been torn, but the people of Benton, KY and the surrounding communities are strong,” the governor tweeted Tuesday afternoon.Bevin said earlier in a statement, “This is a tremendous tragedy and speaks to the heartbreak present in our communities. It is unbelievable that this would happen in a small, close-knit community like Marshall County.”The school shooting in Kentucky comes a day after a 15-year-old girl in Texas was shot and injured in her high school cafeteria, allegedly by a 16-year-old male student. The 15-year-old was hospitalized in unknown condition.Copyright © 2018, ABC Radio. All rights reserved.Powered by WPeMatico Related