Advisors say their clients' retirement portfolios have nearly recovered from the recession, but they aren't sure their clients have. An SEI Quick Poll released April 5 found that a majority of advisors say their clients' portfolios have largely recovered and 10 percent are doing better than they were before the recession.
The survey was conducted in March among 200 advisors during a webinar hosted by SEI Advisor Network.
Despite those successes, 60 percent of advisors say their boomer clients say suffering another significant stock market decline is their top concern. By comparison, just 7 percent say their clients are worried about inflation and 3 percent say clients are worried about making bad investment decisions.
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