March 2021: Stat Bank

Journal of Financial Planning: March 2021

 

75…Percentage of clients who said they preferred more relevant communication from their adviser, including articles and statistics directed toward their portfolio. (YCharts)

85…Percentage of people surveyed who said the style and frequency of their adviser’s communication was a factor in whether they retained them. (YCharts)

88…Percentage of clients who said they’d refer their advisers based on the style and frequency of their communication. (YCharts)

60…Percentage of clients who said they consider a deep understanding of them and their goals in selecting an adviser. (YCharts)

56…Percentage of people surveyed who worry that the pandemic will accelerate the rate at which companies replace human workers with AI and robots. (2021 Edelman Trust Barometer)

94…Percentage of investors who were extremely likely or likely to make a referral when they had “high trust” for their adviser. (Vanguard)

42…Percentage of investors who were extremely likely or likely to make a referral when they had “mid-trust” for their adviser. (Vanguard)

70…Percentage of investors who were extremely likely to switch advisers if they had “low trust” for their adviser. (Vanguard)

45…Percentage of total perceived value of financial advisory services that emotional outcomes account for. (Vanguard)

55…Percentage of the value of financial advisory services that is associated with things like portfolio management and financial planning. (Vanguard)

35…Percentage of investors who want to read articles that allow them to compare themselves to other people on a variety of financial topics. (Spectrem Group)

48…Percentage of investors with a net worth of over $5 million who want their financial planners to provide them with articles about how other investors are dealing with financial issues. (Spectrem Group)

17…Percentage of parents with an income of over $100,000 who told (or planned to tell) their children how much they earn. (Spectrem Group)

9 in 10…Number of women with partners or spouses who lead or share equally the financial decision-making for their households. (401k Specialist Magazine)

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