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
September 21, 2012
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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