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Most investors are feeling good about their financial prospects, according to a survey from the Investments & WealthInstitute that was issued at the start of the COVID-19 pandemic. Of the investorssurveyed, 50% are expecting positive rates of return intheir portfolios while only a third of them are expecting declinesover the next 12 months.

"Except where there may be extreme market declines of 50 percentor more, investors seem secure about their futures, theirretirements, and their advisors," the survey found. Specifically,25% of investors are expecting a rate of return between 1% and 9%,16% are expecting a rate of return between 10% and 19%, and 9% areexpecting a rate of return at least 20%.

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David Thomas

I'm a reporter covering the business of law, with an emphasis on national and global law firms for The American Lawyer, Law.com and other ALM publications.