Although many Americans are still skittish about investing in equities markets, enough are exuding the newfound confidence that could translate into solid business prospects for financial advisors, according to AlixPartners, a New York-based research firm.
In its U.S. Financial Services Industry Outlook study, released on Tuesday, AlixPartners found that 13% of respondents overall and 18% of self-described investors have stepped up their investing activity. The numbers look even better on a three-year timeframe, as 48% of Americans and 57% of self-described investors are planning to invest.
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