Advisers add confidence to consumers

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Financial advisers add confidence to consumers financial situation

A recent research study conducted by Columinate, on behalf of Liberty, shows that seventy percent of consumers who use a financial adviser are more confident about their financial situation and believe it will improve significantly over the next five years.

The research found that 22% of respondents who do not have a financial adviser believe they are too expensive, while 19% believe an adviser would not add value to their lives.

Another finding is that 70% of consumers who have an adviser claim to be better off. Only one-quarter of those without an adviser said they have seen marginal improvements in their financial growth.

Personal Finance recently reported on the research findings.

Click here to read the news article.