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Financial services review (Greenwich, Conn.), 2022-10, Vol.30 (3), p.191-204
2022

Details

Autor(en) / Beteiligte
Titel
Financial professionals and financial well-being: Evidence from the national financial well-being survey
Ist Teil von
  • Financial services review (Greenwich, Conn.), 2022-10, Vol.30 (3), p.191-204
Ort / Verlag
Atlanta: Academy of Financial Services
Erscheinungsjahr
2022
Link zum Volltext
Quelle
EBSCOhost Business Source Ultimate
Beschreibungen/Notizen
  • This study examined the association between financial professional use and financial well-being using the 2016 National Financial Well-Being Survey. We tested financial well-being across various sources of financial advice such as financial professionals, family, employer, community, financial institution, and government. Results from the logistic regression showed that those who received advice from financial professionals had higher levels of financial well-being than those who did not receive advice from a financial professional. Additional analyses with those who received financial advice from any source also showed that use of a financial professional had a stronger positive asso- ciation with financial well-being. This study provides important insights to help consumers and edu- cators better understand the value of financial professionals.
Sprache
Englisch
Identifikatoren
ISSN: 1873-5673, 1057-0810
eISSN: 1057-0810, 1873-5673
DOI: 10.61190/fsr.v30i3.3485
Titel-ID: cdi_crossref_primary_10_61190_fsr_v30i3_3485

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