Investors Less Likely to Heed Advice from Robo Advisers
It appears, according to a survey by Dalbar, that people put more faith in the advice of a human adviser.
It appears, according to a survey by Dalbar, that people put more faith in the advice of a human adviser.
However, they expect their adviser to be technologically savvy.
Nearly half of adults surveyed by Charles Schwab think that robo advice is the technology that will have the biggest impact on financial services.
A survey by OneAmerica indicates roadblocks in affording financial adviser services.
Men are saving an average of 8.9%, and women, 6.4%, PenFed Credit Union found in a survey
In addition, the use of online sources of information and advice is growing.