01.23.26

Professional Financial Advice Linked to Higher Financial Confidence and Readiness

by: Steve Randall

A long-running CFP Board study finds that households working with professional financial advisors show stronger financial stability, confidence and preparedness than those managing finances on their own. Early results indicate advised households are more likely to feel on track toward goals, maintain emergency savings, complete estate planning and feel financially comfortable. Beyond financial metrics, clients report lower anxiety, greater motivation and higher trust in their advisors, highlighting emotional and behavioral benefits of ongoing guidance.

Read the full article on InvestmentNews