Wealthy investors plan to increase their equity holdings in 2013, with the biggest gains among the wealthiest investors, according to Spectrem Group's new research report Wealth Management Series: Product Usage and Perceptions of Providers.

In the next 12 months, 71 percent of Ultra High Net Worth investors, with more than $5 million in net worth not including their primary residence plan to invest in equities, up from 52 percent in 2010. Equities are the top investment pick among the UHNW investors, with cash-based instruments coming in second, at 51 percent.

In comparison, 55 percent of millionaires (with $1 million to $5 million in net worth) intend to invest in equities, both individual stocks and stock mutual funds, in 2013 versus 45 percent in 2010, Spectrem Group found. Still, cash-based instruments will edge out stocks as the top 2013 holding among millionaire investors, at 56 percent.

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