The nub of this is that, apparently, most ‘retail investors’ (that’s you if you’re not a pro or a company) ‘manage their own portfolios and gather insights from media rather than turning to financial advisers’. Well, that doesn’t chime with our experience, and it is, I guess, a question of to whom you put the question. Yes, there are many who choose to do their own thing and good luck to them if they enjoy it and have the time and inclination. If there’s not much money involved, we might well point you at one of the many cheap DIY sites, who offer pre-packaged investments as we might not be good value for you. Maybe you want to leave most in the bank and have a flutter. Fine. Most who come to us would worry or know they can’t or won’t do a good job and are happy to delegate; or maybe want someone else to carry the can if it goes wrong. Or, on more than a few occasions, have had a go on their own and realised it’s not for them. Here to help!
“Majority of IFAs have no plans to use AI in their practices”
I remember sometime in the 90’s, attending a presentation by a successful adviser providing helpful hints to an audience of wannabes, young and old.
