Pessimism has taken hold of Americas high-net-worth households. Two thirds of these households those with $5 million or more in investable assets believe that the country is worse off now than it was in 2007, according to survey findings from Northern Trust.
Their view of their own finances, however, is anything but bleak. Close to three-quarters of high-net-worth Americans were confident that they will achieve their financial goals, with only one in five less confident now than they were in 2007. More than four in 10 (41%) cited improved investment returns as the main reason they feel better off today, according to the survey.
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