10.03.22

20% of DIY Investors Continue To Rely on Financial Professionals, Study Finds

by: Ayo Mseka

While an increasing number of Americans rely on multiple sources of information and advice to make investment decisions, 20% of households cite some kind of financial professional as their primary source, according to a survey by Hearts & Wallets. Financial professionals are the most likely to be the source that has the “greatest amount of influence on” household decisions, with 20% of households citing some kind of financial professional as their primary source, says Laura Varas, CEO and founder of Hearts & Wallets.

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