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Retirement Advisor Confidence Index: Planner Confidence Growing

Retirement Advisor Confidence Index: Planner Confidence Growing Retirement Advisor Confidence Index: Planner Confidence Growing

In a bullish sign for the planning industry., Financial Planning's Retirement Advisor Confidence Index - a monthly barometer of business conditions for wealth managers - rose in October.


The RACI is comprised of 12 factors - including asset allocations, investment product recommendations, client recruitment and retention, economic and risk factors, taxes and plan fees - to track trends in wealth management business cycles.

Retirement Advisor Confidence Index Retirement Advisor Confidence Index

The reading of 51.6, an increase of 2.9 points from the revised September level, shows an improved outlook for the retirement planning industry despite election jitters.

Client Risk-Tolerance Level Client Risk-Tolerance Level

The reading of 50.6, up a solid 6.3 points from September, indicates planners' clients are more amenable to taking on risk in their portfolios.

Clients Assets Used to Buy Equity-Based Securities Clients Assets Used to Buy Equity-Based Securities

The reading of 55.6, up 4.6 points, finds planners are boosting allocations to stocks, emphasizing potential returns over potential volatility.

Clients Assets Allocated to Cash Clients Assets Allocated to Cash

The reading of 42.7, a decline of 7.8 points in this contrary indicator, shows planners are putting more cash to work.

Advisor Retirement-Plan Fees Advisor Retirement-Plan Fees

The reading of 52.6, up 2 points, shows advisors feel bullish about raising fees.

In a bullish sign for the planning industry., Financial Planning's Retirement Advisor Confidence Index - a monthly barometer of business conditions for wealth managers - rose in October.

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