More than 100,000 high net worth consumers and 7,400 financial services professionals were asked to evaluate wealth managers in the Philadelphia area.
Given this lackadaisical attitude, it was worth consumers taking a little time to protect themselves.
Like regular annuities, however, these products mostly benefit high net worth consumers.
It went on to say that while the company did not want to believe this claim, it was worth consumers buying some extra food because "that way, you're always prepared for the worst".
Forrester's Consumer Technographics data says that eight out of ten "high net worth consumers" are hammering the Net with their platinum credit cards faster than I can type this sentence.
Indeed, retailers can expect a more muted, toned-down holiday season, says Milton Pedraza, chief executive officer at the Luxury Institute, a ratings and research organization of the high-net-worth consumer.
The Luxury Institute, which posits itself as the "global voice of the high net-worth consumer" sees various strategies whereby the posh people can turn it around in 2009.
Not only do Boomers want to look young, they want to dress young, says Milton Pedraza, CEO of the Luxury Institute, a ratings and research organization that is the global voice of the high net-worth consumer.
When it comes to travel, luxury hotel chains like the Ritz Carlton are advertising "value added" packages, such as a free spa treatment when a guest books a room, says Milton Pedraza, CEO at The Luxury Institute, a global ratings and research organization of the high-net-worth consumer.
The aim was to generate a buzz among Vertu's most likely customers, members of a rarefied market segment that Ekaterina Walsh, an analyst at the consulting firm Forrester Research, who studies high-net-worth consumers, calls "splurging millionaires".
