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
At Mackenzie, we know the power of advice and the positive impact it can have on Canadians and their financial futures. That is why we’re committed to supporting advisors and telling their side of the story about the value of advice.
The value of advice increases over time
Difference in household financial assets attributable to financial advice
You could retire over 2X wealthier when you partner with an advisor.
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
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