Main reason to leave investment advisor/asset managers worldwide 2020-2022
The most common reason retail investors would consider leaving their adviser or asset manager is underperformance, according to a survey from 2021. The share of retail investors, who are working with advisers, who stated this to be the most likely reason was 40 percent. The other main reasons were that fees are too high, data or confidentiality breach, lack of communication, or lack of responsiveness.
