Long Angle：2025年超高净值投资者投资组合配置基准研究报告（第4版）（英文版）

Only one-third of respondents work with an RIA, yet the portfolio composition between those who do and do not work with one is nearly identical. This challenges the assumption that financial advisors significantly alter asset allocation decisions among highnet-worth investors. Advisors may provide value in time savings, thought partnership, estate planning, tax strategies, or behavioral/ emotional support, but their impact on actual portfolio construction appears limited within this gro