11/30/2011

A Bank of America survey of 28 million U.S. households found that 57% of "mass affluent" Americans -- those with investable assets between $50,000 and $250,000 -- are worried about their ability to save long term. As a result, 21% say they are saving more money than a year ago. Among this group, trust in advisers appears to be rising, with 63% relying on advisers, compared with 53% in January.

Related Summaries