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Smith Bockius-Sponsored Study Shows Digital Savviness Spans Generations

At Smith Bockius, the wellbeing of the community is the topmost business concern.Singapore, Singapore, May 26, 2021 (GLOBE NEWSWIRE) — Survey shows that a significant portion of older investors relies on mobile and digital investing tools. Smith Bockius, a private asset management company engaging a multi-platform market strategy with a unique approach that utilizes comprehensive financial planning processes and provides forward-thinking solutions to high net-worth individuals, corporations, institutional clients, and non-profit organizations today announced the results of the company’s internally-run study of experienced investors. Results show that investors aged 35-55+ are digitally savvy: More than half of all participants surveyed categorize mobile trading as “critical.”At least one-third of respondents surveyed plan to use their mobile devices more often to manage their portfolios in the next year.More than a quarter of investors use an investing and trading app at least once a week. Furthermore, the survey reveals that financially active people over 35 years of age prefer online tools over in-person advice when it comes to saving for the long term. More than three-quarters of all surveyed also prefer a broker who comes to their aid with a variety of helpful tools over one who provides a focused skillset and primarily offers advice. “The belief that only young investors crave digital solutions is dead,” said Jackson Yeo, Senior Vice President of Digital Developments at Smith Bockius. Mr. Jackson Yeo continued, “Clearly, digital channels are critical for today’s investor, but that is not the end of the story. Investors crave the direct model. In the wake of the global financial crisis, older investors may be less satisfied with the value they have received from traditional broker relationships and now seek tools to help them manage their finances themselves. They now search for the hybrid model — one defined by an exceptional experience online and supported by guidance and help when they need it, either virtually or in person.” About Smith Bockius: Smith Bockius is a private investment company providing reliable and forward-thinking solutions for our clients’ most significant financial decisions. Fundamental to Smith Bockius’ mission to enhance our clients’ financial resources is a client-centric approach to investment management. Our dedicated relationship management team of seasoned professionals offers the highest quality products, services, advice, and sustainable value, ensuring our customers receive excellent solutions to meet the unique needs of high net-worth individuals, corporations, institutional clients, and non-profit organizations, among others. Our commitment to providing excellent service solutions and our strong sense of social responsibility have earned us numerous accolades and industry recognition. For more details, contact info@smith-bockius.com. Content Disclaimer: The above review statements are those of the sponsor (Source of content) and do not necessarily reflect the official policy, position or views of the content publisher. The content distribution company is therefore not responsible for the content and its authenticity and legal standing of the above subject matter. Each individual is required to exercise its content when making a purchase from the above offer. The information does not constitute advice or an offer to buy. Any purchase made from the above press release is made at your own risk. Editorial merit of this content is subject to news publisher and its downstream partners. Consult an expert advisor/health and professional advisor before any such purchase. Any purchase made from this link is subject to the final terms and conditions of the website’s selling as mentioned in the above as source. The content publisher and its downstream distribution partners do not take any responsibility directly or indirectly. If you have any complaints or copyright issues related to this article, kindly contact the company this news is about. DISCLAIMER of Liability. IN NO EVENT SHALL OUR PR COMPANY BE LIABLE OR RESPONSIBLE TO YOU OR ANY OTHER PERSON FOR ANY DIRECT, INDIRECT, INCIDENTAL, CONSEQUENTIAL, SPECIAL, OR EXEMPLARY DAMAGES OF ANY KIND, INCLUDING WITHOUT LIMITATION, LOST PROFITS OR LOST OPPORTUNITIES, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES IN ADVANCE AND REGARDLESS OF THE CAUSE OF ACTION UPON WHICH ANY SUCH CLAIM IS BASED, INCLUDING, WITHOUT LIMITATION, ANY CLAIM ARISING OUT OF OR IN CONNECTION WITH ANY OF THE CONTENT, INCLUDING, WITHOUT LIMITATION, AUDIO, PHOTOGRAPHS, AND VIDEOS, OR OF THE ACCURACY, RELIABILITY, OR LEGALITY OF ANY STATEMENT MADE IN OR OMITTED FROM ANY advertisement, sponsorship, endorsement, testimonial, opinion, or other product-related or service-related statement or review appearing in the Websites or in ANY post or article distributed via the Websites.