Financial Crisis Has Silver Lining For Advisers

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While the financial crisis wreaked havoc on many retirement accounts, it had a significant upside for those tasked with minimizing the damage. Investors actually trust their advisers more today.

Fidelity Investment’s “Five Years Later” study looked at the attitudes and behaviors of investors since the financial crisis started in 2008 and included 1,150 investors. While the majority of those surveyed (47%) lost significant assets as a result of the crisis, many credit financial professionals for helping them through it.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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