Despite continued economic and market uncertainty, most financial advisors still expect 2013 to be a good year according to a new poll released today by SEI. In fact, the vast majority of advisors polled (75%) think business profits will be better this year than last.

When asked their outlook on the market, more than half of respondents (54%) said they're cautiously optimistic about the remainder of the year, and slightly more than that (58%) predict the S&P index will close the year above 1650. Just about 1 in 10 advisors polled (12%) said they're confident we'll see new record highs for the S&P in the second half of the year. The poll, completed by more than 100 advisors, suggests that advisor attitudes are becoming increasingly optimistic despite some ongoing hurdles and uncertainty.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.