Survey: Young investors avoid advisers, fear stock market

07/24/2013 | InvestmentNews (free registration)

A majority of young people who have $100,000 or more available for investment use websites, rather than financial advisers, for financial planning, according to a survey by Nationwide Financial. The poll also found that young investors most fear another financial crisis and are scared of the stock market. Among retirees, advisers are the primary source of help with financial planning, the survey found.

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