Wealthy Investors and Their Perceptions of Virtual Advisors and Lost Without and Advisor Bundle Package
Wealthy Investors and Their Perceptions of Virtual Advisors:
As the number of online investment platforms begins to multiply, the future of the financial advisory business is being questioned. Will investors of the future prefer online investment platforms rather than a financial advisor? How many investors have or might consider using one of these platforms? What do they consider the strengths and weaknesses of this approach? How likely are they to rely upon one of these platforms in the future?
Lost Without an Advisor: How to Attract Advisor-less Investors:
Many investors across the U.S. are managing their own assets because they lack knowledge about how to work with an advisor. These “lost investors” are a hidden opportunity for the financial services industry, if advisors and providers could overcome some of the concerns and confusion of these investors. Are they afraid of the fees charged by an advisor? Why do they believe they lack the assets to work with an advisor? Are they concerned about the security of their information? Embarrassed by their lack of knowledge?