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Study: Only 4 in 10 Small Businesses Seek Financial Advisors

Photo credit: Renjith Krishnan
Photo credit: Renjith Krishnan

More than 4 in 10 small business owners want the help of an advisor to take care of family financial needs, but only one in four owners are addressing this concern with an advisor, according to a new report.

Securian Financial Group, St. Paul, Minn., published this finding in a new survey, “Small but Mighty: Growing Opportunities for Financial Advisors and Small Business Owners.” The study builds on an earlier 2009 survey of small business owners and polled 453 SBOs.

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Nichole Morford

Nichole Morford
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