March 17, 2015 Fact of the Day: Majority of Investors Seek Help From These Professionals
DID YOU KNOW THAT……the largest percentages of investors use a Financial Advisor to assist them to some extent. In fact, 81 percent of investors with more than $1 million use a financial advisor as well as 68 percent of those with more than $100,000
The amount of assets they actually allocate to that advisor to manage varies somewhat. Ultra wealthy investors indicate that they still manage 48 percent of their investments on their own with no input from an advisor. In contrast, those with less than $1 million indicate that they invest 59 percent of their assets without the help of an advisor.
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