Advisor confidence climbed for a second straight month in November, with gains fueled by an increase in risk tolerance and a shift away from cash.
The Retirement Advisor Confidence Index - Financial Planning's monthly barometer of business conditions for wealth managers - edged up 1.2 points to a reading of 55.7. Index components with big moves included a roughly 6-point drop in allocations to cash and a 4-point increase in risk tolerance.
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
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access