The fact that clients don’t always divulge all their personal financial information to their financial advisors comes as no surprise. The questions that need to be answered, however, are: how many clients, what is being withheld and why are they so secretive?

Securian Financial Group surveyed 720 consumers who turn to financial advisors for advice and published their findings in Client secrets: What people don’t tell their financial advisors. Almost one third (29%) said they haven’t been completely honest regarding things that could affect their finances.

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