In a study by Cisco Internet Business Solutions Group, only 29% of U.S. investors under the age of 55 say they trust advisors’ advice more than advice from other investors, compared to 60% of older survey respondents.
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Younger investors are less likely to trust financial advisors than older clients, reports Wealth Management.com.
In a study by Cisco Internet Business Solutions Group, only 29% of U.S. investors under the age of 55 say they trust advisors’ advice more than advice from other investors, compared to 60% of older survey respondents.