While some experts say that clients need to brace for a market without the Fed's help by adding cash to their portfolios (see story), others are worried that the rush for cash is already being overdone.

In spite of improving markets, mass-affluent investors are pessimistic, a new study shows. They are worried about the lingering effects of 2008's financial crisis and looming threats, including possible cuts in Social Security and rising health care costs. And experts urge advisors to talk to these skittish clients now, rather than wait for sunnier skies.

Register or login for access to this item and much more

All Bank Investment Consultant content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access