FINANCIALLY SECURE AMERICANS CONSERVATIVE & MODERATE RISK TAKERS

Almost half (49%) of working Americans with at least $500,000 in investable assets describe themselves as tentative or reluctant to invest in the stock market, while 6% characterized themselves as enthusiastic about investing, according to a September survey conducted by PNC Wealth Management, a unit of Pittsburgh, PA-based PNC Financial Services Group. One-third (34%) say they are more conservative, and 59% describe themselves as balanced or moderate risk takers. PNC Wealth Management Vice President Thomas Melcher said, “The survey results validate the value of an integrated wealth management model – one that combines estate, financial and tax planning with investment management.”