illustration of business man on tightrope that turns into a profit or stock chart with ups and downs (Photo: Shutterstock)

Financial advisors have not escaped the system-wide shocks of COVID-19, according to a study by the Nationwide Retirement Institute. The sixth annual Advisor Authority Study found just 54% of financial professionals expect to increase their profitability this year, compared to 75% in last year's study. Of those who expect profitability to fall, 68% blame it on COVID.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.