According to the poll, 72% of the advisors believed the deal to be including both higher marginal tax rates for wealthy Americans as well as curbs on deductions; while 90% believed that the deal should include both fundamental tax code and entitlement reforms.

Additionally, 70% opined that those making over US$200,000 individually and US$250,000 as a family should be taxed at a higher rate, though 68% said that higher taxation on these Americans would dampen investing and saving.

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More than half of the advisors (58%) believed that the capital gains tax should remain at its current rate of 15%, with 20% saying it should rise to 32%.

And despite their optimism about avoiding the fiscal cliff, advisors were not bullish about the prospects for the US economy, with half of them foreseeing the economy to remain flat in 2013 and 23% saying that it would worsen.

The advisors were also bearish on the stock market, with 59% saying that equities performance would remain flat in 2013 and 22% saying it would be weak.

"With the election behind us, all eyes are now on Capitol Hill and the White House as fiscal cliff talks continue. Our independent financial advisor members have a unique vantage point on these issues as they work closely with Main Street American investors on a daily basis. While they recognize the need for compromise and reforms in order to make our country financially sound, they also see how many of these significant changes will impact their clients’ ability to save for retirement, pay for their children’s education or care for aging parents," said FSI president and CEO Dale Brown.

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