Journal of Financial Planning: August 2020
90…Percentage of 2020 survey respondents who said they are satisfied with their financial advisers. (Investments & Wealth Institute)
25…Percentage of investors who said they considered or took steps toward finding a new financial adviser during the period March 12 to 15. (Investments & Wealth Institute)
44…Percentage of investors who considered or took steps toward finding a new financial adviser during the period of March 16 to 24. (Investments & Wealth Institute)
12…Percentage of investors surveyed who said their financial adviser provides behavioral coaching to help improve financial decision-making. (Investments & Wealth Institute)
26…Percentage of their clients that advisers said are affected by the emotional bias of loss aversion. (Cerulli)
23…Percentage of their clients that advisers said are affected by the emotional bias of inertia/status quo. (Cerulli)
38…Percentage of investors who fear they’ll use all of their retirement savings due to economic turmoil caused by the pandemic. (MagnifyMoney)
78…Percentage of investors who are confident the stock market will recover from the decline associated with the coronavirus. (MagnifyMoney)
55…Percentage of investors who expect the coronavirus will impact their future investing decisions. (MagnifyMoney)
Half…Number of consumers surveyed who expect their finances will be impacted by COVID-19 for four months or more. (McKinsey & Co.)
70…Percentage of consumers in nations hard-hit by COVID-19 who say they anticipate adjustments to their routines for four months or more. (McKinsey & Co.)
10 to 15…Percentage of people worldwide who say they are waiting for a COVID-19 vaccine before they will feel comfortable going back to routines outside the home. (McKinsey & Co.)