Most clients are only taking advice on some of their assets, not all, according to research from AdviserSoftware.com.
Insights from AdviserSoftware.com's "Building the Business Case for Digital Advice" study, a survey of 4,000 consumers, found that currently, only 19% of UK adults across the UK use financial advice to manage all or some of their investments, with more than half (57%) managing all their savings and investments on their own. Additional demand for traditional advice may be overstated, the technology firm warned, as 59% of consumers with £250,000 plus investable assets already receive advice, increasing to 69% for those with £500,000 to £1m investable assets. Meanwhile, 42% of savers wi...
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