BiggerPockets Money Podcast · Friday, October 23, 2026
Tad Fallows joins the BiggerPockets Money Podcast to discuss a new survey from Long Angle detailing financial product usage among high-net-worth households with an average net worth of $10 to $15 million. The findings highlight that popular cards like the Chase Sapphire Reserve and Amex Platinum have lower recommendation rates than simpler cash back options, while whole life insurance receives overwhelmingly negative reviews.
“our community is mainly people in the five to 50 million net worth bracket. And so that's what the demographics look like of this. You got an average net worth somewhere around 10 or 15 million dollars. The respondents was in the, you know, I don't remember the exact number, but call it, you know, 150, 200 of our members.”