Online financial management tools might have caught the attention of younger investors, but a recent survey by Capstrat-Public Policy Polling suggests the Internet is a long way off from gaining everyone else’s trust.
Released last week, the Capstrat study found that Americans still go to traditional financial professionals like financial advisors, accountants and banks representatives when seeking money management guidance. The study, which polled 420 Americans by phone on June 23 and June 24, found that 62% of respondents thought certified public accountants were the most reliable. Bank representatives followed, 52% and financial advisors just managed to win over a majority of Americans, with 51%. Respondents were allowed more than one answer.
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