Speakers at a Vantage Series event discussed the challenge of providing personalized advice at scale
Studies show investors are largely satisfied with the advice they receive
But advisors aren’t as popular with Gen X investors
The deadline for initial feedback is June 3
The majority of millennial respondents would choose a human advisor over a robo
Gap between independent and bank channels could be more perception than reality, however
Millennials are much more likely to trust a robo-advisor, compared with older generations
Cautious investors represent an opportunity for advisors
One-in-three retirees are unaware of where their money is invested, U.K. regulator finds
A connection between advisors and their clients through clear communication will ensure advisors survive and succeed