Connect with us




The top investing strategies of the wealthy are to diversify, to seek advice and to know the fees, reveals the chief executive of one of the world’s largest independent financial advisory groups.

 Founder and CEO of deVere Group, Nigel Green’s comments come as he continues one of his regular global tours of some of his firm’s 70-plus offices where he meets consultants and high net worth clients.

 He observes: “It is always a useful exercise to study and learn the habits and processes of successful people – and it is no exception with investing.  It is something I have been doing since I started working in the financial advisory sector.

 “Over the years I have noted time and again three key strategies that high net worth individuals typically use to create, grow, maximise and protect their wealth.

 “Whilst these three traits offer all investors invaluable insights, they also underscore how those with considerable investable assets play by the same set of fundamental rules that everyone should be following.

 “The top investing strategies of the wealthy are to diversify, to seek advice and to know the fees on their investment.”

 He continues: “Diversification is crucial as it helps manage risk.  Savvy investors know, the greater the diversification across asset classes, sectors and regions, the more overall portfolio risk is reduced. Failure to diversify a portfolio is widely regarded as one of the most common investment pitfalls.”

 Mr Green goes on to say: “Like successful sportspeople who have trainers and mentors, the wealthy are keen on seeking help from investment experts.  They are aware of the costly risks of DIY investing and take advice from professionals in the industry.”

 “In my experience, knowing the fees on investments is also vital for high net worth investors.  They understand the importance of having any fees or tax implications involved with their investments explained to them before committing.  They will put this high on their strategy list as costs could erode returns – and regardless of existing wealth, no-one wants that.”

 The deVere CEO concludes: “Clearly, there are more key investment strategies of the wealthy than those I’ve mentioned, but I believe that if you follow these fundamentals, most investors will be able to boost the performance of their portfolios.”

Editorial & Advertiser disclosure
Our website provides you with information, news, press releases, Opinion and advertorials on various financial products and services. This is not to be considered as financial advice and should be considered only for information purposes. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third party websites, affiliate sales networks, and may link to our advertising partners websites. Though we are tied up with various advertising and affiliate networks, this does not affect our analysis or opinion. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you, or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish sponsored articles or links, you may consider all articles or links hosted on our site as a partner endorsed link.
Global Banking and Finance Review Awards Nominations 2021
2021 Awards now open. Click Here to Nominate


Newsletters with Secrets & Analysis. Subscribe Now