Anything IFAs can do, millionaires think they can do better

Just over half of all UK millionaires make their own investment decisions and only one in ten rely mainly on a financial adviser. The remainder, just over a third, said they relied equally on a financial adviser and their own judgement. The findings come from Tulip Financial Research's fourth Wealth Management Report, 'The Tulip Investment Adviser & Fund Manager Selection Report'. Millionaires' most important source of advice and information in making investment decisions was found to be the financial pages of newspapers and specialist financial publications. Only 8% used a private ...