A recently released survey by CapIntel, a B2B fintech, sheds light on what investors value most in their relationships with financial advisors. It also underscores what can lead to dissatisfaction and prompt them to change advisors.
Logica Research conducted the survey online between Aug. 26 and Sept. 3 among 1,000 U.S. investors with more than $50,000 in investable assets who work with a financial advisor.
“This survey helped confirm our assumptions about what investors are seeking from their advisors, but it has also highlighted opportunities as an industry,” James Rockwood, CapIntel’s founder and chief executive, said in a statement.
The survey asked, "What would cause you to search for a new financial advisor?"
Here are the top five answers, along with what advisors can do to prevent these situations, according to the survey findings.
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