The survey which involved more than 2,300 financial advisors across US showed that nearly 50% of the advisors preferred staying the course over significant reallocation in alternatives, equities, fixed income and cash.
On being asked which of the events presented as the biggest impact to clients’ portfolios, 47% said that debt crisis in Europe would have the biggest impact.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Further, 42% of the respondents said that they recommended no change to their clients’ portfolios citing the fact that their portfolios were already positioned to avoid responding to short-term bumps in the road.
Steven Miyao, CEO of kasina remarked, "The survey clearly tells us that financial advisors are advocating for risk management and long-term returns in the face of volatility."
"While many financial advisors indicated that the Eurozone issues continue to be the largest overhang, most are committed to building long-term platforms that rise above the short-term noise we’re currently experiencing," he added.
Additionally, most advisors also indicated that they would be willing to explore alternatives or keep their money in cash and a majority of the respondents pointed to the importance of maintaining a well-diversified portfolio.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
