Financial Planning's Retirement Advisor Confidence Index - a monthly barometer of business conditions for wealth managers - rose in its latest reading, a bullish sign for the planning industry.

The September index registered 51.6%, a gain from the revised August level of 48.6%, according to a Financial Planning survey of planning professionals. RACI readings of less than 50% indicate a decline relative to the prior month, while more than 50% indicate an expansion.

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