Who wants to be a billionaire?

Feeling like a million bucks just isn’t the same anymore.

Only 31% of millionaires consider themselves wealthy, says a new study released by the Union Bank of Switzerland.

Read: Majority of women are breadwinners

The key threshold seems to be $5 million in investible assets, with more than half of these investors feeling wealthy.

Amazingly, only 64% of investors with more than $5 million believe they will successfully attain their financial goals for the future.

Read: Help wealthy clients adapt to budget 2013

It also seems cash is still king. The survey shows that this month, investors are keeping 23% of assets in cash.

Also read:

Leaving money to an unborn heir

Help clients keep windfalls

Where to find wealthy prospects

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.