Wealth: why is the top 1% selling stocks? After retiring from banking I’ve been teaching Finance and Fintech to Masters students in London. Over the past year or so I’ve been hearing from some buddies working in Wealth Management that many of their clients were either lightening up, or completely dumping stocks. These guys manage either High Net Worth, HNW and Very High Net Worth, VHNW individuals, so personal fortunes of between one million to perhaps thirty million dollars. The chart below shows the percentage of stocks held by the wealthiest 1% of the population.

Source: Forbes February 23, 2024 11:11 UTC