Republicans will take control of the Senate, capital gains taxes will increase, equities and the economy will hold steady and – the Department of Labor should not redefine the definition of fiduciary.
Wishful thinking? Perhaps. But these are the findings of the Financial Services Institute's recent poll of its members, which found that the economy is a top issue and that Mitt Romney is the top choice for president, garnering 81 percent of respondent votes. Yet when asked who will likely win in November, Romney comes out just slightly ahead of Barack Obama.
The poll was conducted last week and was completed by almost 2,400 financial advisors across the country, providing updated information to a similar FSI poll conducted in February 2012. Here are the questions, and the responses:
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