Salient to Investors:

More investors are pursuing a modified DIY approach, using increasingly sophisticated online tools and a-la-carte advice services offered by financial firms.

Surveys suggest between one-third and two-thirds of boomers manage their own investments.

Ed Tracy at Deloitte Consulting said many investors were massively disillusioned by the perceived performance of their advisers in 2008, and were concerned that their advisers may not have fully understood all the products they sold and might have been influenced by their own financial interests.

Roger Stamper at Cerulli Associates said investors wanted to be more involved coming out of the downturn, and are more likely to bounce advisor suggestions off other people and do some of their own research online.

Read the full article at http://online.wsj.com/article_email/SB10001424127887323741004578418611242496832-lMyQjAxMTAzMDAwNjEwNDYyWj.html?mod=wsj_valetbottom_email

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