EXHIBIT 23.2



                          INDEPENDENT AUDITORS' CONSENT




WisdomTree Associates, L.P.


We consent to the  incorporation by reference  therein of our report dated March
6, 1996, with respect to the financial statements of WisdomTree Associates, L.P.
incorporated  by reference  in the Annual  Report  (Form  10-KSB) of  Individual
Investor Group,  Inc. for the year ended December 31, 1995, in the  Registration
Statement  (Form S-8)  pertaining  to the 1996  Performance  Equity  Plan,  1996
Management  Incentive  Plan and  Other  Employee  Benefit  Plans  of  Individual
Investor Group, Inc. filed with the Securities and Exchange Commission.


/s/ Ernst & Young LLP
- -----------------------
ERNST & YOUNG LLP
New York, New York

December 11, 1996





                                       64