Financial advisors using behavioral finance worldwide 2019-2020, by activity

Published by Statista Research Department, Jun 14, 2022
The share of financial advisors worldwide who declared to use behavioral finance in their practice increase considerably in 2020 compared to 2019. It was more common to use behavioral finance in client communication than in portfolio construction.

Share of financial advisors using behavioral finance worldwide 2019-2020, by type of activity

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Sources

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Release date

September 2020

Region

Worldwide

Survey time period

May and June, 2020

Number of respondents

300 respondents

Special properties

Financial advisors

Supplementary notes

The source adds the following information: "Respondents were members of IWI and diversified across business models, including wirehouses, registered investment advisors, and national and regional broker/dealers."

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