Boston Private has released an exclusive report on the emotional factors that underlie our relationship with wealth: why we pursue wealth, how wealth makes us feel, the ‘costs’ of wealth, among others.
This Why of WealthSM report yielded revealing truths, contradictions to common expectations, and a few surprises across multiple demographics - including:
- Men are more driven to pursue wealth for a passion or hobby than women.
- Millennials feel the greatest sense of responsibility to give back when thinking about their wealth.
- Business owners are much more likely to think of wealth as representing potential.
- Ultra high-net-worth individuals are the least likely to believe that wealth enables a better quality of life.
Why of Wealth Report in the News
View the Infographic Learn more about the WHY of Wealth