Although most of them plan to vote Republican, the majority of investors and advisors in a recent survey expect that a Democrat will be in the White House come January.
That was one of the results of a survey commissioned byJefferson National and conducted by Harris Poll, which asked more than 1,400 registered investment advisors, fee-based advisors and individual investors to choose the top three trends they believe will impact their approach to investing in 2016.
RIAs and fee-based advisors agreed that ongoing volatility came first, with 34 percent saying so. The U.S. Fed policy came in second, getting 32 percent of the votes of RIAs and advisors. Presidential elections tied for third with low returns on investments, both getting 25 percent of the votes.
When it came to investors' answers, they rated low returns on investments first (31 percent). That was followed by the Presidential election (30 percent); U.S. Fed policy tied for third with domestic economic performance, with both getting 25 percent of responses.
Asked to choose the three top issues probably responsible for market volatility, advisors put presidential elections in third place, at 30 percent. Not so investors, 36 percent of whom put it at the top of their list.
The election is looming large in everyone's thoughts. Just 15 percent of advisors and only 8 percent of investors said that the winner of the election will not impact how they invest. The majority indicated that the election's winner would have some impact on their approach to investing—and sizeable portions of respondents would be cautious about where they put their money. Nearly a third (31 percent) of advisors and nearly a quarter (23 percent) of investors said they would invest more conservatively.
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