Value of Financial Advice
Vanguard surveyed over 12,000 investors to understand the emotional and time-related advantages of personalized financial advice. The findings indicate that this type of advice offers benefits beyond just financial returns.
- Greater peace of mind : 86% of advised investors report having more peace of mind related to their finances as a result of advice.
- Fewer negative and more positive emotions: More than 60% of clients receiving human advice experience less anxiety, sadness, and worry.
- Time back for what matters: Three out of four advised investors reported saving time, with a median time saved of two hours per week .
These advantages, both emotional and temporal, contribute to a stronger sense of overall financial well-being for investors.
To read the full article → Vanguard Survey