The Changing Nature of the Luxury Customer: Inside the "Middle-Class Millionaire"
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The Luxury Marketing Council -
New York Chapter - Breakfast Event
Date:
May 29, 2008
Time:
8.00am - 9.30am
Location:
Fleishman-Hillard
220 East 42nd Street, 11th Floor
(Btw. 2nd and 3rd Ave)
Please RSVP by replying to this email or by writing to rsvp@luxurycouncil.com
In the event that your plans change we would appreciate the courtesy of a cancellation
May 29, 2008
Time:
8.00am - 9.30am
Location:
Fleishman-Hillard
220 East 42nd Street, 11th Floor
(Btw. 2nd and 3rd Ave)
Please RSVP by replying to this email or by writing to rsvp@luxurycouncil.com
In the event that your plans change we would appreciate the courtesy of a cancellation
***
The Changing Nature of the Luxury Customer:
Inside the "Middle-Class Millionaire"Presented by Mr. Lewis Schiff, co-author of The Middle-Class Millionaire: The Rise of the New Rich and How They Are Changing America
Introduced by Mr. Richard J. Flynn, co-author of Fame & Fortune: Maximizing Celebrity Wealth
With special thanks to Rothstein Kass
Sandwiched between the rich and the middle class are 8.4 million American households with a net worth between $1 million and $10 million. In the book The Middle-Class Millionaire, co-written with Russ Alan Prince, Lewis Schiff presents intriguing statistical nuggets from their survey of 586 middle-class millionaire households. Although these people may be rich by most definitions, many were raised middle class, earned rather than inherited their wealth and still retain middle-class values. Comparing the responses of middle-class millionaires to middle-class households with less than $1 million net worth, Prince and Schiff determine that middle-class millionaires work harder, suffer more setbacks, choose homes for quality schools rather than convenience to work or shopping and have larger social networks.
Join us on Thursday May 29th at Fleishman-Hillard where Lewis Schiff will elaborate on key findings in his book and share insights on the changing luxury consumer.
Copies of The Middle-Class Millionaire and Fame & Fortune will be provided for registered guests with compliments from Rothstein Kass.
Praise for The Middle-Class Millionaire:
"Most non-fiction books consist of slightly incremental new takes on the same old reality. Occasionally, though, a book emerges that establishes a new reality. That strikes me as the case with The Middle-Class Millionaire."
-The San Francisco Chronicle“The Middle-Class Millionaire opened my eyes to a new force driving the American economy. Russ Prince and Lewis Schiff show us exactly what you need to look for to make the most of this enormous opportunity, whether you are just getting started on the path to being a millionaire or there already!”
-Jim Cramer, CNBC's "Mad Money" and Co-Founder, TheStreet.com"Impressively thorough."
-Newsweek
"Russ Prince’s and Lewis Schiff's insightful book can help you understand and capitalize on significant business opportunities within the emerging affluent middle class."
-Tom Bradley, President, TD AMERITRADE Institutional. “Prince and Schiff have identified a new breed of millionaire who is transforming the American lifestyle. Read how to join this elite club and follow them to the American dream."
-Consuelo Mack, Anchor & Managing Editor, Consuelo Mack WealthTrack"A must read for anyone seeking to understand the emerging affluent market. The authors' extensive research identifies key characteristics of today's 'working rich' and provides insights as to how to successfully reach this lucrative segment."
-Grant Skeens, President, KeyBank Recreation & Luxury Yacht LendingAbout Lewis Schiff
Lewis Schiff is president of Advanced Planning Group, a team of private wealth experts specializing in the needs of high-net-worth clients globally. Schiff was also a founding principal of CEG Worldwide. Schiff helped to design one of the leading training programs for advisers targeting and servicing the high-net-worth. Schiff has developed marketing program for scores of advisers targeting the affluent throughout the U.S. Schiff is a columnist for Investment Advisor magazine, writes a blog for InvestmentAdvisor.com, and contributes to TheStreet.com. Schiff has been a long-time expert on personal financial matters as a contributing columnist to CNN and Money magazine and the author of The Armchair Millionaire. He Lives in New York City.
To view more about his book The Middle-Class Millionaire please visit www.influenceofaffluence.com.
About Richard J. Flynn
Rick Flynn is a principal in Rothstein Kass' New York office. As a member of Rothstein Kass' Family Office Group, Rick applies his expertise towards assisting high-net-worth clients with wealth enhancement, transfer and asset protection planning.
As an advanced-planning specialist, Rick advises business owners, executives, hedge fund managers, professional athletes, and entertainers on managing their personal financial affairs. He represents athletes in professional sports and established actors in managing their wealth, and has experience representing musicians, songwriters, producers, managers and talent agents.
Rick is a frequent speaker at seminars and workshops on topics related to wealth management for high-net-worth individuals. He is co-author of a book on the subject of celebrity wealth management, Fame & Fortune: Maximizing Celebrity Wealth with Russ Alan Prince and Hannah Shaw Grove, and has written numerous articles for professional publications.
As an advanced-planning specialist, Rick advises business owners, executives, hedge fund managers, professional athletes, and entertainers on managing their personal financial affairs. He represents athletes in professional sports and established actors in managing their wealth, and has experience representing musicians, songwriters, producers, managers and talent agents.
Rick is a frequent speaker at seminars and workshops on topics related to wealth management for high-net-worth individuals. He is co-author of a book on the subject of celebrity wealth management, Fame & Fortune: Maximizing Celebrity Wealth with Russ Alan Prince and Hannah Shaw Grove, and has written numerous articles for professional publications.
About Rothstein Kass
Formed in 1959, Rothstein Kass provides a full range of professional, technical, consulting, and business services to clients in a wide range of industries. We continually provide innovative solutions for our clients to help them achieve their personal and business financial goals.
To meet the growth, diversification, and challenges faced by our clients, we continue to expand our facilities, build domestic and international strategic alliances, add and enhance personnel, and improve our technological capabilities. From our one-room office decades ago, we have grown into US offices in New York, Beverly Hills, San Francisco, Denver, Dallas, Walnut Creek, CA, and Roseland, NJ, and offshore offices in Grand Cayman.
As an industry leader, Rothstein Kass is dedicated to providing optimum client service. A key component to our success is providing our clients with the highest caliber of talent. Rothstein Kass has made a commitment to the continuous development of our employees, both professionally and personally. We recognize that our people are our greatest asset, one that is also highly regarded by our clients.
We take pride in our hands-on experience, our team, and our ability to deliver practical business solutions. We work closely with our clients and devote the resources necessary to help our clients operate more efficiently, grow their business, and achieve new levels of success in today's competitive global economy.
Rothstein Kass - Certified Public Accountants - CPAs - specializing in: accounting and consulting, auditing, taxes, hedge funds, financial planning in NY, NJ, TX, CO, CA, Cayman Islands.
To meet the growth, diversification, and challenges faced by our clients, we continue to expand our facilities, build domestic and international strategic alliances, add and enhance personnel, and improve our technological capabilities. From our one-room office decades ago, we have grown into US offices in New York, Beverly Hills, San Francisco, Denver, Dallas, Walnut Creek, CA, and Roseland, NJ, and offshore offices in Grand Cayman.
As an industry leader, Rothstein Kass is dedicated to providing optimum client service. A key component to our success is providing our clients with the highest caliber of talent. Rothstein Kass has made a commitment to the continuous development of our employees, both professionally and personally. We recognize that our people are our greatest asset, one that is also highly regarded by our clients.
We take pride in our hands-on experience, our team, and our ability to deliver practical business solutions. We work closely with our clients and devote the resources necessary to help our clients operate more efficiently, grow their business, and achieve new levels of success in today's competitive global economy.
Rothstein Kass - Certified Public Accountants - CPAs - specializing in: accounting and consulting, auditing, taxes, hedge funds, financial planning in NY, NJ, TX, CO, CA, Cayman Islands.
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