10 New Findings on How Investors Pick an Advisor

Related: Top 14 Advisory Services Clients Want, but Aren't Getting

How do investors choose their financial advisors? The Ensemble Practice, led by Philip Palaveev, conducted a study in July to find out. Researchers surveyed randomly selected consumers with personal income of at least $100,000, and received 500 responses. The survey targeted both investors who have an advisor and those who do not. See the gallery for 10 factors that influence how investors choose their advisors.