Friday, April 10, 2026
Growing Consumer Preference for Financial Advisors of Similar Demographic

Thu, 25 June 2020  |  advice 

A new survey from Northern Trust Asset Management’s FlexShares® Exchange Traded Funds finds that consumers increasingly prefer having a financial advisor of the same racial, gender and age profile as their own. This trend reinforces the need for financial advisory firms to address the disconnect between what the industry currently looks like and changing U.S. demographics. The survey was conducted earlier this year, just less than two years after the initial one in 2019.

The joint survey of financial advisors and consumers found that among individuals who work wi... Read More

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Fri, 10 April 2026  |   

 

 

 

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