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European investors increasingly dependent on professional advisors, yet more than 50% are unhappy with the quality of advice receivedEuropean investors increasingly dependent on professional advisors, yet more than 50% are unhappy with the quality of advice received

Cerulli Associates

September 21, 2012

3 Min Read
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September 2012, London. The aims of European investors are fairly consistent, as is the source of their investable wealth. What they do with it, where they seek advice, and levels of satisfaction present a more complex picture, according to the inaugural Cerulli Quantitative Update: European Retail Investor 2012 report.
 
Scandal after scandal has left investors wondering who they can trust with their hard-earned money. But they still want advice, and they are willing to pay for it. In brand new research, Cerulli along with its research partner Phoenix Marketing International asked a total of 5,007 affluent investors across France, Italy, Spain, Germany, and the United Kingdom about their preferred method of compensation: 37% of responde...

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About the Author

Cerulli Associates

http://www.cerulli.com

Founded in 1992, Cerulli Associates is a Boston-, London-, and Singapore-based research firm specializing in asset management and distribution trends worldwide. Cerulli Associates blends original research and data analysis to bring perspective to current market conditions and forecasts for future developments. Our U.S. practice covers manufacturing and distribution issues across core areas including managed accounts, intermediary, retirement, annuities, and retail and institutional asset management.Our repeatable, two-pronged proprietary research process (interviews and surveys) serves as the foundation of our published research and provides subscribers with the necessary context, intelligence, and key implications to navigate today’s and tomorrow’s market environment.