Optimism among financial advisors in January was the highest it has been in months, largely based on their expectations for the U.S. economy.
The WealthManagement.com Advisor Confidence Index rose to 121.53 in January, up 2 percent from December and 4 percent above September, when the index tracked the weakest advisor sentiment for all of last year.
The index taps 150 advisors' monthly perspectives on the economy and markets. While their overall expectations for the stock market remain flat, their confidence in the state of the economy rose 3.2 percent.
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Nick Thornton
Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
