The Congressional election Tuesday is causing concern for many advisors’ clients, according to a survey by SEI Advisor Network.The firm’s survey of 238 advisers found that half thought the elections had created “fear and uncertainty” among their clients, who are already worried about unemployment levels, the potential for a double-dip recession, rising taxes and budget deficits.

While advisers themselves are more bullish—most are “cautiously optimistic” about the economy and think “some compromise” about the Bush-era tax cuts will be reached—they say prospects’ macro-economic concerns are making it hard for advisers to grow their practices and only 65% expect to reach their revenue goal this year.

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