YoungAssociates serves nonprofits in a variety of fields, including arts, history, and medicine

Uneven recovery between wealthiest and less affluent households

During the first two years of the nation’s economic recovery, the mean net worth of households in the upper 7% of the wealth distribution rose by an estimated 28%, while the mean net worth of households in the lower 93% dropped by 4%.

Pew Research Center

This dramatic difference was driven by the fact that the financial markets rallied during that period while the housing market remained flat. Affluent households typically have their assets concentrated in stocks and other market holdings while less affluent households typically have their home as their biggest asset.

Congratulations to SSHSA during their 2nd annual Shiposium!

Congratulations to the Steamship Historical Society of America, a past client, not for accepting our feasibility study report, but moreover acting on our recommendations in such spectacular settings! This year’s Shiposium is going on right now aboard the Queen Mary and last year’s event was aboard NS Savannah, America’s first nuclear-powered cargo ship, currently moored in Baltimore.

We learned a majority of members want far more camaraderie and social contact and feel
SSHSA needs to manage and acquire speakers for such activity. Few of those interviewed
had attended recent events, and those who specifically commented on events they
attended remarked how they were not used to the institution’s advancement.

From our interim report
May 6, 2011