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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.

Articles by Betterment Editors
By the Editorial Staff Betterment Resource Center Published May. 16, 2012
Published May. 16, 2012
1 min read

A survey conducted in February this year by MFS Investment Management revealed the following:

  1. 40% of investors surveyed feel financial products are too complicated.
  2. A third of the respondents said they feel inundated by investment choices.
  3. A quarter of the investors said their need for financial advice has increased in the past 12 months.
  4. 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.

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