Advised clients keeping secret 'DIY investment' accounts - Boring Money

19% use DIY platforms

Sophie King
clock • 1 min read

Advised clients are keeping their own secret ‘DIY investing’ accounts, research conducted by Boring Money has found.

The research, which surveyed 6,698 adults, found that one in five (19%) advised clients hold an account with one of the top six DIY investing platforms: AJ Bell, Hargreaves Lansdown, Fidelity, Interactive Investor, Barclays and Halifax. A small portion also hold positions in speculative and illiquid assets. Of those investors who do have an adviser, one in ten (9%) reported holding some cryptocurrency assets, while 4% said they have a peer-to-peer or crowdfunding platform account. Boring Money research manager Jessica Galletley said: "A significant minority of advised investors seem t...

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