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Financial services

Financial realities, market losses hurting affluent consumers’ view of own financial advisors

May 18, 2020

The current economic crisis brought on by the COVID-19 coronavirus outbreak and resultant lockdowns has shaken the faith of affluent consumers in their financial advisors. Image credit: Ipsos The current economic crisis brought on by the COVID-19 coronavirus outbreak and resultant lockdowns has shaken the faith of affluent consumers in their financial advisors. Image credit: Ipsos

 

By Luxury Daily News Service

While affluent consumers are generally more insulated from economic downturns and rebound faster than the general population, they also view the current economic situation as challenging.

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