A new survey finds Canadians love their investment advisors – but not enough to introduce them to the family. The study by Environics for wealth management firm Systelos also shows a wide gap in understanding between clients and advisors.
Here are some of the key findings:
- 94 per cent of investors consider themselves loyal – or at least not disloyal – to their investment advisors.
- 12 per cent have actually fired an investment advisor.
- Only 47 per cent would recommend them to family members
The survey is intended to highlight the disconnect between what investors expect from advisors and the service that advisors provide.
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