FYI: According to Charles Schwab’s latest SDBA Indicators Report™, an industry-leading benchmark on retirement plan participant investment activity within approximately 142,000 self-directed brokerage accounts (SDBAs), only 20% of SBDA participants worked with an advisor; however, those who did had an average balance of $448,515 – nearly twice as much as the $234,673 held by non-advised participants.
SDBAs are brokerage accounts within retirement plans, including 401(k)s and other types of retirement plans, which participants can use to invest in stocks, bonds, exchange-traded funds, mutual funds and other securities that are not part of the plan's core investment offerin
Regards,
Ted
https://www.businesswire.com/news/home/20190821005142/en/Balances-Advised-Self-Directed-Brokerage-Accounts-Double-Non-Advised
