Only 57 percent of investors said their financial advisors proved their worth in navigating recent market conditions, according to a new report.
The report, by Fidelity Investments, examined the role of “valued advisors” who proved their worth to investors while navigating recent market conditions, resulting in their clients seeing clear value in their service offering. Financial advisors who proved their worth as “valued advisors” benefited from clients who were more engaged, trusting and loyal, with 66 percent saying they would likely stay with their advisors if they switched firms (compared to 37 percent for investors without a valued advisor).
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access