More than 80 percent of investment advisors are currently using tactical and alternative investments or said they would likely recommend them to clients in 2013, according to a survey by Capital Management Group, an SEC-registered investment advisor in King of Prussia, Pa.
The survey, which was conducted at the annual Financial Planning Association Experience 2012 Conference in San Antonio, also showed that fewer than one-quarter of advisors still use the traditional 60-40 stock/bond allocation.
"The returns of many traditional investments and strategies have been volatile and disappointing for most investors," said CMG Managing Director and Head of Distribution Michael Sciortino, Sr. "This survey shows that the advisor community is overwhelmingly embracing tactical strategies to provide investors with a smoother, steadier investment experience."
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