Investors Want it Smart, Simple and Online
A survey conducted in February this year by MFS Investment Management revealed the following: 40% of investors surveyed feel financial products are too complicated.
By the Editorial Staff
Betterment Resource Center |
Published: May 16, 2012
A survey conducted in February this year by MFS Investment Management revealed the following:
- 40% of investors surveyed feel financial products are too complicated.
- A third of the respondents said they feel inundated by investment choices.
- A quarter of the investors said their need for financial advice has increased in the past 12 months.
- More than a third of the surveyed investors – even more among younger people — believe the information they find on the Internet about investments is just as good as what they would get from a financial advisor.
The takeaway? Make it smart, simple, and online.
Recommended Content
View All Resources
The Senate Is Planning a Tax Hike on Retail Investors. It Should Be Removed.
The Senate’s current tax bill includes a mandate that would be punitive for everyday investors. Without a doubt, the FIFO mandate should be removed from consideration.
Displaying Performance to Shape Better Investor Behavior
Understanding your accounts’ performance can feel complicated. We’re advancing how we display performance to help answer your questions and make stronger investment decisions.
ETF Selection for Portfolio Construction: A Methodology
Betterment seeks to maximize investor take-home returns, which drives our investment selection criteria and process.
How would you like to get started?
Your first step toward a smarter investing future starts here.
Create a Betterment account
Go ahead and join the smart, modern way to invest.
See what we can do for you
Tell us a bit about yourself, and we'll show you the benefits of investing with us.
Get a free investing checkup
Help us get a sense of your investing approach and see how you could improve.
Transfer a 401(k) or an IRA
Move an existing retirement account into a Betterment IRA.
Download the mobile app
Enjoy the Betterment experience anywhere on the go.