Strong markets collide with COVID and inflation concerns, keeping investor confidence strong but mostly static as some advisors see dark clouds gathering.
Clients continue to feel good about their retirement picture, even if some ‘twitchy’ investors are starting to wonder about peeling away from equities.
Inflation concerns and overheating markets have clients a little on edge but key positive metrics remain high as businesses keep reopening, the latest RACI survey shows.
"I think there's been a more risk-on approach now with markets rebounding, us getting clarity on politics, and positive COVID vaccine news," an advisor says.
A year of upheavals has taken its toll on clients' appetite for risk, with some advisors hunkering down and avoiding dramatic moves until a coronavirus vaccine is widely available.
Risk tolerance and confidence in equities are down, even as metrics tracking retirement-plan participation have increased, the latest RACI survey finds.