As of 2018, most investors worldwide knew how they were paying for the service of their financial advisor. 96 percent of the robo-advised investors surveyed were aware of the payment method, nine percentage points more than traditionally advised investors.
Awareness among investors worldwide of method used to pay their financial advisor as of 2018, by type of advisor used
Characteristic
Traditionally advised investors
Robo-advised investors
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Vanguard. (March 11, 2020). Awareness among investors worldwide of method used to pay their financial advisor as of 2018, by type of advisor used [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1250136/investors-awareness-of-advisor-payment-method/
Vanguard. "Awareness among investors worldwide of method used to pay their financial advisor as of 2018, by type of advisor used." Chart. March 11, 2020. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1250136/investors-awareness-of-advisor-payment-method/
Vanguard. (2020). Awareness among investors worldwide of method used to pay their financial advisor as of 2018, by type of advisor used. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1250136/investors-awareness-of-advisor-payment-method/
Vanguard. "Awareness among Investors Worldwide of Method Used to Pay Their Financial Advisor as of 2018, by Type of Advisor Used." Statista, Statista Inc., 11 Mar 2020, https://www.statista.com/statistics/1250136/investors-awareness-of-advisor-payment-method/
Vanguard, Awareness among investors worldwide of method used to pay their financial advisor as of 2018, by type of advisor used Statista, https://www.statista.com/statistics/1250136/investors-awareness-of-advisor-payment-method/ (last visited July 22, 2024)
Awareness among investors worldwide of method used to pay their financial advisor as of 2018, by type of advisor used [Graph], Vanguard, March 11, 2020. [Online]. Available: https://www.statista.com/statistics/1250136/investors-awareness-of-advisor-payment-method/