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Financial services

Financial realities, market losses hurting affluent consumers’ view of own financial advisors

May 18, 2020

The current economic crisis brought on by the COVID-19 coronavirus outbreak and resultant lockdowns has shaken the faith of affluent consumers in their financial advisors. Image credit: Ipsos The current economic crisis brought on by the COVID-19 coronavirus outbreak and resultant lockdowns has shaken the faith of affluent consumers in their financial advisors. Image credit: Ipsos

 

By Luxury Daily News Service

While affluent consumers are generally more insulated from economic downturns and rebound faster than the general population, they also view the current economic situation as challenging.

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  1. Louis Vuitton introduces Visionary Journeys Seoul
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  3. Ennismore picks Bangkok site for first-in-region SLS Residences
  4. Savannah College of Art and Design debuts SCAD LUXE research center
  5. Lamborghini heads to French Alps for women-led driving series
  6. Luxury Unfiltered: Why the best luxury experiences look exactly like the worst ones (on paper)
  7. Exclusive Resorts purchases Inspirato for $59M
  8. ‘Sound. Elevated.’ from Bang & Olufsen marks centennial
  9. Laura Burdese to succeed Bulgari CEO
  10. Dolce & Gabbana debuts Devotion fragrance film
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