The phrase "affluent institution" is correct and usable in written English.
It can be used to describe an organization, typically an educational or financial institution, that has a high level of wealth or resources.
Example: "The affluent institution provided scholarships to underprivileged students to help them achieve their academic goals."
Alternatives: "wealthy organization" or "prosperous establishment".
It's an unusual move for a church to underwrite a Baroque orchestra and a new-music ensemble; many affluent religious institutions maintain performances of liturgical music, and occasional concerts, at a very high level, but don't seek to turn themselves into mini Lincoln Centers.
Credit Suisse Private Advisors is based in Zurich and sells investment and wealth management strategies to affluent individuals, families and institutions.
The effort is similar to those of three other institutions in affluent communities — the Dallas Museum of Art, the Seattle Art Museum and the Nelson-Atkins Museum of Art in Kansas City, Mo.
"It looks like most of the pain is behind us," said Mr. Stolper, whose firm, Stolper & Company of San Diego, invests in both stocks and mutual funds for institutions and affluent individual clients.
Michael Stolper, an independent investment adviser whose firm, Stolper & Company of San Diego, works with institutions and affluent individuals, said that when clients asked, "Should I have more bonds?" his answer was, "What is the problem we are trying to solve?" If they are trying "to flee equities, we'll take baby steps, move 5percentt," Mr. Stolper said.
Michael Stolper, an independent investment adviser whose firm, Stolper & Company of San Diego, works with institutions and affluent individuals, said the bear funds "are trying to straddle the fence to limit damage, but short-selling is one of those activities that is very difficult to get right".
Old Mutual, which is based in London, will pay $25 a share for United Asset Management, which has $188 billion under management and caters to institutions, mutual funds and affluent private investors.
However, the steep tuition and exclusivity of private institutions can inhibit less affluent applicants.
Perhaps over time, the odyssey stage will come to characterize the life course of the majority of young Americans, just as adolescence began as a middle-class institution and spread to less affluent groups, but it hasn't happened yet.
High discounts may be necessary to lure even the most affluent students who know little of the institution.
