A majority of financial advisors expect President Barack Obama to win the 2012 election even though they are rooting for Mitt Romney to take the White House, according to a poll of 125 financial advisors conducted this month by SEI, a provider of investment and fund processing and investment management business outsourcing solutions.

The overwhelming majority said they believed the November elections will result in a split government, leading to continued log jams in Congress, one of the biggest worries on advisors’ minds. They also listed entitlements and tax increases in 2013 among their top concerns.

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