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A Trump victory could potentially mean a wave of policy shifts that could profoundly impact theirfinances.
Heres what they had to say.
Taxes
During Trumps previous term, he delivered substantial tax relief to the wealthy.
He lowered the tax rate for individuals in the highest tax bracket.
A similar approach might be expected if he were to win again, Cirksena said.
This would result in the continuation of reduced taxes on individuals and corporations, he said.
This would ultimately leave more disposable income in the hands of the upper class.
Trumps pro-business stance and deregulatory efforts during his previous term were largely embraced by Wall Street.
This could benefit businesses in these sectors, particularly the higher earners in these organizations.
Trumps background as a real estate mogul could be the motivation for policies tailored to benefit the industry.
This would make real estate investments even more appealing to the wealthy.
President Trump would also likely put pressure on the Federal Reserve to lower interest rates, Kass said.
The upper class would disproportionately benefit financially from these lower rates.
When interest rates go down, it becomes cheaper to borrow money from banks to buy real estate.
Lower interest rates mean lower monthly mortgage payments, which means that real estate becomes a more attractive investment.
This increased demand leads to rising prices and property values going up.
As a result, any real estate the upper class is already invested in would become more valuable.
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