Banco Popular de Puerto Rico

Seeing "great bargains," advisors have been upping client allocations to equities.

Advisors say long-term optimism remains, even though clients' risk tolerance is down.

With clients worried, many advisors say they’ve recently pulled back on bonds and refrained from upping equity allocations, according to our new study.

But they still prefer U.S. over global assets, according to advisors.

The market rebound has led to a notable upswing in domestic and global equities. But not all asset classes are seeing the same enthusiasm.

Advisers say they have been asked to allocate less to equities and bonds in the face of global and political turmoil.

Advisers also noted a dip in their clients’ retirement savings activity after the tax filing deadline passed.

Recent market volatility has pitted advisers against clients over whether events such as Brexit represent a buying opportunity.