New Cerulli study shows 'absolutely surprising' finding: Human advisors have drubbed the self-directed investing sector despite radical advances in DIY tools

Agreed that interest in planning is growing - we're seeing record registration and upgrades around on our platform which supports mainly DIY & Validators (we get some Delegators)

As of this writing, the products available to the DIY crowd are incomplete at best. In short, there are a ton of shitty services targeting individual investors. Wealthfront & Betterment as first in class of the robo-advisors serve only a small fraction of the DIY investors needs - what about 401(k) assets, mortgages, long-term care, etc. down to the specific products to be purchased? Because all of these items aren't built in, the natural DIY crowd doesn't have much choice for holistic advice...at scale.

Hi Brian - we've had > 300,000 people build their own financial plan on our site - we cover things like: 1) Liquid assets - taxable, tax deferred and tax exempt 2) Housing - primary and investment/secondary and related transactions 3) Healthcare - while working, post work / pre Medicare and then Medicare (or alternatives Tri-care) 4) Lifetime income - Social Security, Pensions and Annuities 5) Expenses - budgeting 6) Debt 7) Estate planning 8) Drawdowns and tax efficiency etc Anyway - if you try it - would love your feedback. https://www.newretirement.com/

The study underscores a clear message: human advisors are irreplaceable! In an era where technology is ubiquitous, the nuanced understanding, empathetic communication, and personal touch that advisors provide cannot be replicated by algorithms or self-directed platforms. At AdvisorFinder, we have always believed that personal finance is just that—personal.