Survey Suggests Clients with Advisors Less Invested

Do Financial Advisors Lock Out Investors?

A recent study by FAIR Canada has revealed that investors who work with financial advisors are less interested in investing compared to those who choose to invest on their own. The research indicates that investing is considered a “low interest” activity for individuals with advisors, while do-it-yourself (DIY) investors are more engaged. Many Canadians prefer to leave the complexities of investing to their advisors, allowing them to focus on work, family, and leisure activities.