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I have a “chicken or egg” kind of question for you: Market Watch says three-fourths of all investors manage their own finances. But when you narrow it down to just the “wealthy” investors, two-thirds of them use a financial advisor. So, the question is … do the wealthy use an advisor because they’re wealthy, or did the advisor help them become wealthy?
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I have a “chicken or egg” kind of question for you: Market Watch says three-fourths of all investors manage their own finances. But when you narrow it down to just the “wealthy” investors, two-thirds of them use a financial advisor. So, the question is … do the wealthy use an advisor because they’re wealthy, or did the advisor help them become wealthy?