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RJ & Makay

Our view of news, events and human capital trends in the financial services industry.
Tags >> influential financial advisor

By a wide margin investors trust financial pros more than online forums

Posted by RJ and Makay on Jul 29, 2010

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Despite online financial investment tools, childrens-ministry-trustmost people in the U.S. still use and prefer traditional financial professionals when seeking money management guidance, a poll of 420 Americans reports. On June 23 and June 24, respondents were polled over the telephone by the Capstrat Study.

Just 4 percent of respondents considered online forums as their “most influential” source of financial advice while 40 percent looked to financial advisors and banks. 15 percent of respondents seek advice from CPAs.