A majority of investors (61%) are worried about greater market volatility and a recession (69%) over the next 12 months, according to an annual study from the Nationwide Retirement Institute.
The study found that 93% of advisers and financial professionals currently have a strategy in place to help protect their clients' assets against market risk. Among those with a strategy, the solutions they would choose to protect clients include diversification (55%), fixed annuities (48%) and fixed-indexed annuities (46%).
When asked to identify how the past financial crisis that had the most profound impact on them changed their approach to investing, investors indicated they chose to manage investments more conservatively (20%), adopt a new strategy to protect assets against market risk (17%) and use the market decline as a buying opportunity (17%).
Cerulli research shows advisor retirements and breakaway movement fueling record M&A demand across the wealth management industry.
“The father even shared office space with the son and used a Medallion Guarantee stamp on the client’s account statements,” an attorney said.
The investment banking arm of RBC is ramping up its hiring across the U.S., Canada, and Europe.
The 140-year-old firm catering to ultra-high-net-worth clients joins a growing roster of wealth managers and tech providers plugging Claude into advisor workflows.
Cecure Corporation leads funding as AI-powered RIA growth platform accelerates team and infrastructure buildout.
As $84 trillion prepares to change hands, advisors who treat estate planning as peripheral are quietly building a sieve, not a book.
In volatile markets, the advisors who win aren't the ones with the best calls - they're the ones whose clients stay the course.
