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Many Retail Investors Don’t Trust Advisors

Assets at platforms for do-it-yourself investors grew 8.8% in 2012, compared to the 2.7% overall growth of retail assets, according to recent research from Cerulli Associates.

Furthermore, only 27% of respondents to the survey said advisory firms were looking out for their interests. So reports Investment News.

Read the full article from Investment News here.

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