Nothing earth shattering that we didn't already know in this report, but its always good to see stats. These come from a survey Accenture conducted with 1,200 middle and high-income, digitally savvy European investors.
Twenty-seven percent of European investors have switched wealth management firms to get a new digital tool or service “Investors are relying more heavily on digital tools to help them better understand investment trends, decisions and potential outcomes,” said Owen Jelf, global managing director of Accenture’s Capital Markets practice. The most popular digital tools among investors are those that reduce the cost of transactions and fees (60 percent) followed by those that improve access to their account (50 percent) and improve access to their advisor (32 percent, underscoring the client demand for a blend of digital and advisor support tools.
