Gen X investors are more disgruntled with their advisors than any other generation and they have reason to be: those with advisors saw growth in their portfolios in 2010, but much less than their self-directed peers.

On Wednesday, Cogent Research released a report showing that affluent Gen X investors who relied on their own judgment, instead of an advisor’s in 2010, ended up ahead in terms of portfolio growth. The study is based upon an online survey of 4,025 affluent investors, including 738 affluent Gen X investors between the ages of 29 and 44.

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