Investors with investable assets between $500K and $2 million had the highest reliance on advisors, according to Cerulli
Passive Investor | 37% | 30% | 25% | 25% | 22% | 18% | 27% |
---|---|---|---|---|---|---|---|
Self-Directed | 12% | 12% | 11% | 11% | 15% | 17% | 12% |
Advice Seeker | 22% | 16% | 17% | 17% | 17% | 21% | 17% |
Advisor-Reliant | 29% | 42% | 47% | 47% | 46% | 44% | 43% |