Advisers' spirits rise as year ends

Advisers’ confidence in the economy and the stock market improved for the second consecutive month in December, according to Rydex AdvisorBenchmarking’s Advisor Confidence Index.
DEC 29, 2008
By  Bloomberg
Advisers’ confidence in the economy and the stock market improved for the second consecutive month in December, according to Rydex AdvisorBenchmarking’s Advisor Confidence Index. The index rose 2% in December to 83.57, from 82.46 in November. Three of the four economic outlook components measured by the index improved: the current economic outlook by 3.78%, the six-month economic outlook by 0.82%, and the stock market outlook by 4.73%. The sole declining component, the 12-month economic outlook, fell 3.17%. The survey was produced by Rydex AdvisorBenchmarking, the research affiliate of Rydex Investments of Rockville, Md., which focuses on the registered investment adviser market and surveys 150 advisers each month.

Latest News

Decade of RIA M&A explosion shows no slowdown: Fidelity
Decade of RIA M&A explosion shows no slowdown: Fidelity

There's been an emergence of buyers, backed with PE dollars, making repeated acquisitions.

Spotlighting the Fastest-Growing Fee-Only RIAs in the USA
Spotlighting the Fastest-Growing Fee-Only RIAs in the USA

Discover which fee-only RIAs had standout performances in 2024

Advisor AI startup Zeplyn adds ex-LPL leader Kabir Sethi to board
Advisor AI startup Zeplyn adds ex-LPL leader Kabir Sethi to board

The two-decade veteran, whose career also includes a stint at Merill Lynch, will help shape strategy for the Google engineer-founded fintech.

Proactivity is key to client satisfaction, and it's lagging, survey says
Proactivity is key to client satisfaction, and it's lagging, survey says

A new Hearts & Wallets survey shows financial advisory clients want proactivity, but too often are not getting it.

US wholesale inflation surprises on food, energy prices
US wholesale inflation surprises on food, energy prices

The latest PPI print, clocking in north of 3 percent, adds to concerns that inflation is far from tamed.

SPONSORED Record growth: Interval funds emerge as key players in alternative investments

Blue Vault Alts Summit highlights the role of liquidity-focused funds in reshaping advisor strategies

SPONSORED Taylor Matthews on what's behind Farther's rapid growth

From 'no clients' to reshaping wealth management, Farther blends tech and trust to deliver family-office experience at scale.