Balances in Advised Self-Directed Brokerage Accounts Nearly Double Those of Non-Advised Accounts, Says New Schwab Report

According to Charles Schwab’s latest SDBA Indicators Report™, an industry-leading benchmark on retirement plan participant investment activity within approximately 142,000 self-directed brokerage accounts , only 20% of SBDA participants worked with an advisor; however, those who did had an average balance of $448,515 – nearly twice as much as the $234,673 held by non-advised participants.

source https://finance.yahoo.com/news/balances-advised-self-directed-brokerage-130000963.html?.tsrc=rss

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