By Mark McLaughlin, Special to CNBC.com
NEW YORK ( CNBC) -- The financial crisis left many investors blaming financial advisors for failing to shield them from deep losses or to explain the risks of the exotic yet highly profitable products they were sold. "I didn't get a call during the market implosion and received no advice when my retirement funds were shrinking,'' says Tom Hoebbel, a photographer in upstate New York, who fdropped his Edward Jones advisor in fall 2008. Hoebbel is not alone. Forty-five percent of investors surveyed last January by ING Direct had reduced or eliminated their relationship with a financial professional. And fifty-seven said they could do just as well making their own investment decisions.
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