Advisors and their clients are near polar opposites when it comes to their economic outlook. While the overwhelming majority of advisors are bullish about 2013, they say their clients arent so positive, according to a poll released Thursday by SEI, a provider of investment and fund processing and investment management business outsourcing services.
More than eight in 10 of the 275 advisors surveyed (86%) said they believe the economy will be the same or better in 2013. However, 73% said they believe their clients are apprehensive or fearful about the year ahead, with less than 1% describing their clients mindsets as optimistic.
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