Financial Planning's Retirement Advisor Confidence Index edged down for a second straight month in December, driven largely by a sharp decline in client risk tolerance.

The index - a monthly barometer of business conditions for wealth managers - registered 49.8, down from the November level of 51.1, according to a survey of planning professionals. RACI readings of less than 50 show bearish advisor sentiment on confidence, while levels of more than 50 indicate advisor bullishness.

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