None
EN
Only 41% of Americans Use a Financial Advisor—And Most Younger Adults Shun the Professionals
['Jake Safane', 'Jake Safane Has Nearly Years Of Journalism', 'Marketing Experience On Topics Ranging Local Entrepreneurship To International Banking. He Has Written For Publications Such As The Economist', 'La Times', 'Business Insider', 'Cbs Moneywatch. Currently', 'Jake Writes Mortgage', 'Banking News For Investopedia. In His Spare Time', 'He Runs A Corporate Sustainability Blog', 'Carbon Neutral Copy']
Investopedia | Expert Financial Advice and Markets News
Why People Choose to Work With a Financial AdvisorPeople may turn to financial advisors for various reasons.
To feel more confident in this advice, "seek a second opinion from a professional financial advisor or use AI tools to verify the validity of the recommendations," Jiang said.
Similarly, a wealth of information is available, including from professionals, through sources such as financial media and social media.
That could be particularly helpful for lower-income workers who want to get their finances in order before starting to invest and potentially consulting a financial advisor.
If you're not ready to work with an advisor consider other types of financial professionals or fintech tools that can provide information and assurance.