Watch for future posts in our Price of Financial Advice discussion series where I’ll cover the next four best practices in our five-step strategy, starting with Step 2: Ensure Comprehension. In the interim, additional resources to help you guide and engage your clients are available on SPDR U.
Survey Methodology
A nationally representative sample of 300 financial advisors and 300 individual investors participated in the survey fielded August 8-20, 2014. The sample consisted of advisors with an average account under management of at least $500,000 and investors with a household investment portfolio of at least $150,000. Quotas were established to ensure the sample reflected financial advisors across different retail advisory channels and investors across a range of investable assets.
This article was written by Brie, Vice President of State Street Global Advisors and the Head of Practice Management.