Summary: Despite increased anxiety about the markets, little consensus exists among advisers about what to expect in the second half of 2016. Close to half of advisers (45%) are bullish on U.S. equities over the next quarter, while 17% are bearish and 38% are undecided, according to Eaton Vance’s Advisor Top-of-Mind Index Survey.
 In preparation for the Labor Department’s fiduciary rule, which is to be implemented by April 2017, 32% of advisers are changing the products and services they offer, and 13% will revise the types of clients they seek. Seventy-three percent of advisers said the rule has triggered more client conversations, 47% of which are initiated by advisers and 26% of which are reactive conversations initiated by clients."Eaton Vance’s Advisor Top-of-Mind Index Survey |
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