Diverse Americans are returning to financial advisors for retirement planning
But there is still a belief among many Americans that financial advisors cost too much.
A reported dip in engagement with financial advisors by diverse Americans in 2022 appears to be reversing.
Last year Allianz Life reported that just 24% of Black investors and 35% of Hispanic investors had a professional financial advisor, dropping from 38% and 44% respectively in 2021.
Howeve
Learn more about reprints and licensing for this article.
