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(Washington Post) — The most recent look at black financial habits comes from Prudential Financial, which released “The African American Financial Experience,” a survey that is part of the company’s research on multicultural markets.  Prudential found the same thing other financial companies have reported — that although a majority of African Americans want advice on saving and planning for retirement, many say they don’t know or can’t find a professional they can trust.  “Much of the hesitation seems to come from a lack of knowledge,” Prudential writes in its survey report. “Our survey revealed that the lower the level of knowledge respondents had about complex financial products, the lower the level of ownership of these products, the fewer adviser relationships, and the lower the level of industry trust.”

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