Advisors remain optimistic despite multiple headwinds in 2019

Advisors remain optimistic about their growth prospects despite multiple headwinds in 2019

Initial findings from our 2019 Wealth Advisor Confidence Surveyindicate that independent wealth advisors remain confident about their growth prospects despite significant headwinds across the economic, political, tax and investment landscape.

Our confidential online survey will be open for another week or so if you’d like to see how you stack up to your peers in terms of growth prospects, service offerings, client communication channels used and factors keeping independent advisors (and their clients) up at night. Give us 5 minutes of your time and we’ll rush you a 12-page pre-publication copy of the report. Here’s a link to the survey https://www.surveymonkey.com/r/6GNK92J.

Here’s a sneak preview of the findings:

As was the case in 2018, nearly half of advisors (48%) expect their firms to grow by double digits in 2019 and five out of six respondents (85.4%) expect to grow at some level in 2019, (up from 82.4% in 2018). The survey, being conducted by The Financial Awareness Foundation in association with HB Publishing & Marketing Company, LLC finds that most advisors (95.9%) expect at least one more stock market correction of greater than 10‐percent in 2019, (up from 82.3% at this time a year ago). Further, three in five respondents (59.5%) say a recession is “somewhat” or “very” likely to occur within the next 12 months. That’s nearly twice as many who feared a recession (32.9%) at this time a year ago.

The survey will be open for another week or so. Please share the survey with a qualified colleague https://www.surveymonkey.com/r/6GNK92J.

Again, it takes just 5 minutes to complete the survey and we’ll be happy to rush your colleague a pre-publication copy of the findings.

Thank you for your cooperation. Best, HB and Val

Hank Berkowitz, MBA, MA,

Principal, HB Publishing & Marketing Company LLC

Valentino Sabuco, CFP®

Executive Director & Publisher, The Financial Awareness Foundation

#wealth advisor confidence, #CPA confidence, #2019 market climate



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