Study: Managed investment accounts increase consumer financial confidence

FIDELITY INVESTMENTS RELEASED A STUDY that shows that most consumers feel more confident investing when their money is being managed than if it were not professionally managed. / COURTESY FIDELITY INVESTMENTS
FIDELITY INVESTMENTS RELEASED A STUDY that shows that most consumers feel more confident investing when their money is being managed than if it were not professionally managed. / COURTESY FIDELITY INVESTMENTS
BOSTON – Fidelity Investments, a money manager, released a report showing most people have more confidence investing if using a managed account. The company surveyed 400 people aged 24 years and older who have at least $5,000 or more in a managed account. Survey results showed 76 percent of respondents had greater confidence that a…

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