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A new study by Charles Schwab seeks to answer that question. So reports Barron's.

The study concludes that investors with self-directed accounts who work with advisors have larger balances, greater portfolio diversification, and less exposure to individual stocks when compared to other retirement savers. The average account balance for individuals who work with advisors is $449,552, versus only $234,643 for non-advised participants.

Read the full article from Barron's.

Last modified on Sunday, 09 December 2018
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