NEW REPORT: Pain Points & Actions
Using the Biggest Advice Gaps to Jump Start Consumer Conversations
This report explores which financial activities consumers find difficult, which consumer segments find specific activities difficult, and and where the biggest advice gaps are - all based on 2021 data. Also learn which consumers are more likely to see value in paying for advice when tasks are deemed difficult, and how it may help steer your advice pricing models.
REPORT: Attitudes & Sentiment
Strategies to Engage Investors in the Pandemic-Inspired Financial Awakening
This report pulls from the new 2021 data on consumer attitudes towards saving, investing and advice. Investor sentiment is now at the highest level in a decade! Overall, people feel more positive about their finances despite concerns over inflation, the U.S. deficit and taxes. There is a renewed focus on investment goals, an increased interest in paying for professional financial advice and knowing which asset managers are managing their money.
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In the News
Handling market volatility emotionally is among Americans' biggest financial advice gaps — meaning, they struggle with it but don't ask anyone for guidance — according to a new report from market research firm Hearts & Wallets....
Frustration appears to be higher among Americans who say Covid-19 changed their attitudes toward money, according to a 2021 survey by research firm Hearts & Wallets.
In a recent Hearts & Wallets research report, Americans reported that their top five biggest financial-advice gaps are: handling market volatility emotionally, choosing appropriate investments, estimating required minimum withdrawals (RMDs), making buy/sell decisions on investments, and estate planning....
A new research report by Hearts & Wallets analyzes consumer difficulty with 28 financial tasks, the behavior of seeking help and advice gaps....
“Many plans still don’t address questions about health care in retirement, the impact of divorce and the question of real estate, and other important financial questions,” Laura Varas, CEO of consumer research firm Hearts & Wallets, said...