BofA Private Bank Study of Wealthy Americans Finds Generational …

Jun 18, 2024 · NEW YORK, NY – High-net-worth individuals believe U.S. stocks offer the best opportunities for growing assets, but that conviction is less held by younger investors finds the …

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Bank Of America Private Bank Study Finds Younger Investors …

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Escalent, an independent market research company, conducted an online survey on behalf of Bank of America from May-June 2022. The survey consisted of 1,052 high-net-worth (HNW) respondents throughout the U.S. Respondents in the study were over the age of 21 with at least $3 million in investable assets, excluding primary residence. The margin of er...

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3 Key Trends From The 2024 Study Of Wealthy Americans - Bank Of …

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Key takeaways. Higher interest rates and elevated uncertainty are leaving their marks on the financial choices and outlooks of wealthy Americans. In fact, 58% of wealthy people have …

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Survey Details 'stark Differences' Between Younger And Older …

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Jun 30, 2024 · Here's what Bank of America discovered about the younger investors surveyed: 47% of the younger cohort's portfolios are invested in stocks and bonds. That's much lower …

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Bank Of America Private Bank Study Of Affluent Americans Finds ...

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Oct 9, 2024 · NEW YORK, NY – The vast majority (91%) of affluent Americans donate to charity, but giving motivations, priorities and strategies vary by generation and gender, according to …

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FAQs about BofA Private Bank Study of Wealthy Americans Finds Generational … Coupon?

What is the bank of America Private Bank study of wealthy Americans?

In the ever-evolving world of wealth management, understanding the attitudes and behaviors of affluent individuals is crucial. The 2024 Bank of America Private Bank Study of Wealthy Americans offers a comprehensive view into the financial decisions, investment trends, and estate planning strategies of those with significant investable assets. ...

What is Bank of America's 2022 Private Bank study?

Bank of America today released the 2022 Bank of America Private Bank Study of Wealthy Americans (PDF), which found significant generational differences in approaches to investing, giving and wealth planning. ...

Does Bank of America private bank have a generational divide?

A new study from Bank of America Private Bank breaks down the generational divide in investing strategies among wealthy Americans. Bank of America Private Bank head of investments Michael Pelzar joins Wealth! to give insight into these generational differences and what investors should consider for their portfolios. ...

Is Bank of America Corporation a good stock to buy?

Bank of America Corporation stock is listed on the New York Stock Exchange (NYSE: BAC). Reporters may contact: High-net-worth individuals believe U.S. stocks offer the best opportunities for growing assets, but that conviction is less held by younger investors finds the 2024 Bank of America Private Bank Study of Wealthy Americans. ...

Are high-net-worth Americans investing in bank of America private bank?

Market research company Escalent surveyed 1,007 high-net-worth Americans on behalf of Bank of America Private Bank. The respondents, who were divided into a younger cohort (ages 21 to 43) and an older cohort (44 and older), had a minimum of $3 million in investable assets apart from their primary residence. ...

What is Bank of America private bank research?

This research was conducted by Bank of America Private Bank in partnership with research firm Escalent. The findings reflect the responses of 1,007 U.S. individuals aged 21 or older, with investable assets over $3 million. It was designed to be a statistically representative sample of the population in the U.S. that meets these two criteria. ...