In this respect, Morningstar's behavioural research , cited by CFA Institute, confirms that the single most common reason clients stay with an advisor is — often subconsciously — discomfort with managing their own finances, rather than a lack of required basic information or general dissatisfaction with expertise and/or existing fee structures. As a result, the majority of them remain engaged because they have yet to reach a clear, holistic conclusion, helping them build self-reliant confidence at the end o ...