Amid Market Volatility, High Net Worth Investors Scale Up Activity

deVere USA Inc pic

deVere USA Inc
Image: devere-group.com

Benjamin Alderson is a respected financial executive who guides deVere USA, Inc., as president and CEO. He emphasizes tax efficient structures in counseling a largely international clientele. In a recent blog article, Benjamin Alderson looked at an early 2016 survey that deVere undertook with 767 clients worldwide, each holding more than $1.5 million in investible assets. The basic question was whether they planned to invest more over the upcoming year.

Despite expectations of market volatility, a resounding 76 percent of the high net worth (HNW) respondents answered yes. The basic reason is simple: market shifts, whether up or down, represent vital selling and buying opportunities that can help investors solidify their overall positions over the long term.

With no bottoming-out in sight, it seems that many HNW investors see a bottom approaching and are looking for opportunities to purchase at attractive prices. The optimal approach seems to mimic Warren Buffet’s maxim that one should run counter to the masses and “be fearful when others are greedy and greedy when others are fearful.”

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Oxfam America Honors Three Women on International Women’s Day

Oxfam International Image: oxfam.org

Oxfam International
Image: oxfam.org

 

Since April 2012, Benjamin Alderson has worked as senior area manager at New York City’s deVere USA Inc., which is the largest independent financial consultancy group in the world. Dedicated to helping others, Benjamin Alderson supports several charitable endeavors, one of which includes Oxfam International.

Working in more than 90 countries, Oxfam International seeks to use its global presence to empower people to live their lives in safety and freedom from poverty. The nonprofit does this through education, campaigns, advocacy, and humanitarian assistance. The Oxfam America sector is one of 17 members of the Oxfam International confederation.

To celebrate International Women’s Day on March 8, 2016, Oxfam America honored three women at a ceremony held in Washington, DC. The Right the Wrong Award went to activists Majd Chourbaji, Fartuun Adan, and Illwad Elman. Majd Chourbaji co-founded a Syrian independent media organization, but she and her husband were arrested for their efforts. Her husband died while imprisoned, and Chourbaji fled Syria with her children. She later founded the organization Women Now and the Small World School, both in Lebanon. Fartuun Adan and Illwad Elma run the Elman Peace and Human Rights Centre, established to help prevent violent extremism by disarming and disengaging youth in Somalia. They also founded Sister Somalia, which is the first rape crisis center in the country.

Study Finds Building Retirement Funds Number One Goal for 2016

deVere USA Inc pic

deVere USA Inc
Image: devere-group.com

With more than 15 years of experience working in finance, Benjamin Alderson works as senior area manager of deVere USA Inc., based in New York City. Possessing years of experience in the business, Benjamin Alderson advises clients on 401K rollover options, non-discretionary portfolio management, and education planning.

On his website, Mr. Alderson discusses the results of a deVere Group survey, which concluded during the last two months of 2015. The poll surveyed 655 high-net-worth clients with investable assets of more than $1.5 million. The results found that the top three financial resolutions for the new year included building funds for retirement (41%), viewing personal investment portfolios more frequently (27%), and saving more money to leave loved ones (23%). Various other resolutions accounted for the remaining nine percent.

When asked about the poll, deVere chief executive officer Nigel Green stated that he feels similar results would be achieved if the same poll were conducted for middle-income earners. He believes that wealth allows individuals and their families to achieve the lifestyles they seek, so there would be parallels across different income brackets.