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Financial Advisors Are Still Hesitant to Recommend P2P
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Financial Advisors Are Still Hesitant to Recommend P2P

Financial Advisors Are Still Hesitant to Recommend P2P

Fintech Nexus Staff·
News RoundupOnline Lending
·Jan. 27, 2017·1 min read

Savings rates are low and markets have always been volatile, P2P platforms in the UK have consistently returned 4.5% to 6.5% according to the AltFi Data returns index and so the question remains why aren’t financial advisors recommending the P2P asset class; there has been some movement on this front as firms like LendingWell and Octopus offer solutions to better help P2P firms become more attractive to financial advisors; obstacles remain as many financial advisors do not know much about P2P platforms and it will take time for this asset class to be more widely known to the broader advisor.  Source

  • Fintech Nexus Staff
    Fintech Nexus Staff

    This piece was created by one of our content team members. Reach us at [email protected]

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