Most clients only taking advice on some assets as more manage on their own

More than half managing all their savings and investments on their own

Isabel Baxter
clock • 4 min read

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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Isabel Baxter
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Isabel Baxter

News editor at Professional Adviser

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