High Net Worth Business Owners Share Common Traits

24JunJune 24, 2015

High Net Worth Business Owners Share Common Traits

Today’s high net worth and ultra-high net worth business owners mostly came from a modest upbringing. These entrepreneurs, the real job creators in society, are not well protecting themselves and don’t have a strong succession plan, a study from Bank of America’s U.S. Trust finds.

Wealthy business owners lacking proper succession planning
Of business owners with at least $3 million in investible . . .

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Author

Mark Melin

Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.

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