Financial Advisor Marketing & Technology

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CNBC Poll: Clients Have Lost Faith In Advisors

I'm not a big fan of CNBC and other financial TV channels. They're great at covering live news and breaking stories, but they are not so good at covering the deeper issues.

Print reporters covering the same issues at great publications, like Financial Times, The New York Times, and The Wall Street Journal will always do a better job because they have more time to think, they can choose from experts all over the world and not rely solely on sources that are close to a studio and who are colorful, and they can organize their thoughts better because they use the written word.

One Response to “CNBC Poll: Clients Have Lost Faith In Advisors”

  1. February 20th, 2009 at 5:35 am

    Bruce Peters says:

    Andy, good question(s)? From our Client Advisory Board work there is no question about the level of anxiety that clients have. It is also clear that they are paying much closer attention
    than previously to what is going in with their assets. They are also much more willing to speak
    with friends and colleagues more than ever about $ (which has often been at least semi taboo in the past). Trust has many different meanings to different folks. For instance a client may trust you as a person but not with their money. If you as an advisor are asked if the clients trust you what "trust" are you or they talking about?

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