John O’Connell Featured in The Daily Upside: Just a Third of Americans Are Confident Managing Their Finances
John O’Connell was quoted in this article from The Daily Upside on how only a third of Americans are confident about managing their finances – according to a new survey from the financial services firm Thrivent – and only 3 in 10 Americans are seeking out financial advice. While it’s an ominous sign for the country’s financial health, it does suggest there’s plenty of opportunity for advisory firms to attract new clients and assets as the average American income continues to grow: “Many advisors are not actively promoting their firms and capabilities beyond their referral network. Promoting the industry as a whole is the responsibility of all financial advisors.”
