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Twenty-eight percent of respondents to a Northwestern Mutual’s Planning & Progress Study said they most trust themselves for financial advice, versus just 24% who said they most trust a financial advisor. So reports Financial Advisor Magazine.

percent 997401 640 smallMeanwhile, just 13% said they most trust a family member. For the study, the Harris Poll surveyed 2,650 Americans of at least 18 years old in February.

Other survey highlights include:

  • 71% said their financial planning needs improvement
  • 65% don’t work with a FA
  • 15% don’t receive financial advice from anyone

Read the full article from Financial Planning Magazine

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