A majority of advisors are optimistic about capital market conditions over the next three years, but only 7% of those advisors believe their clients are optimistic, according to a quarterly survey from Russell Investments that was released Wednesday.

Advisors, 59% of whom are optimistic about market conditions, say this lack confidence among their clients has become a major concern. Seventy-eight percent of advisors responding to the survey say that clients see economic uncertainty and slow economic growth as an impediment to reaching their financial goals. Sixty-one percent think that market volatility concerns their clients.

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access