“Helping consumers become more aware ofproduct ownership can give them more control of their financialfuture, and really, increase their overall financial literacy,”says Laura Varas, CEO and founder of Hearts & Wallet. (Photo:Shutterstock)
One in five consumers don't know where they're invested, butdespite that, the Shareholder Awareness Score has improved at WellsFargo Funds, iShares (BlackRock), and American Century. (Photo:Shutterstock)
A Hearts & Wallets report finds that 20 percent of consumersstill can't identify either the investment products they own or thefirms from which those products come.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Marlene Satter
Marlene Y. Satter has worked in and written about the financial industry for decades.
