Benefits of advisers are clear, finds survey
Investors who had an adviser were more confident, had greater knowledge and a more balanced portfolio, a new global survey has found.
Legg Mason Australia and New Zealand managing director Andy Sowerby said its Global Investment Survey showed that the benefits of an adviser were clear.
“The benefits of advice are very clear in this survey. So the strength of an advised client's portfolio verses a non-advised client portfolio and how they feel about that portfolio and how they are thinking about the future are actually quite distinct,” he said.
Read more at the Independent Financial Adviser.