Research tells us that advised households have approximately twice the level of financial assets as their non-advised counterparts, and this advantage grows over time. Studies confirm that Canadians who rely on advice to guide their financial decisions report high levels of satisfaction, trust their advisor and credit their advisor with helping them achieve better savings and investment habits.¹
Advice makes a difference
Source : More on the Value of Financial Advisors. CIRANO (2020).
¹Source: Canadian Mutual Fund Investors’ Perceptions of Mutual Funds and the Mutual Fund Industry, IFIC, 2016