Managing other people's money is a stressful job. But just how much aggravation the ups and downs of the markets cause is often a matter of conjecture. 

In results released this month, Adhesion Wealth Advisor Solutions found that more than two in three advisors rated their stress at seven or greater on a 10-point scale. While that sounds bad, it is a marked improvement from the June survey, the first conducted by Adhesion. And it should be noted that almost all advisors, 90%, said they enjoyed their work, with nearly half rating their enjoyment a 9 or a 10.

"Joy is up, stress is down," said Jack Martin, chief marketing officer of Adhesion, which administered the survey. "Advisors are so invested in their clients' futures that when the markets improve it is reflected in the joy and stress numbers."

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
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.