When asked by SEI back in May if they thought Mitt Romney would become the 45th president of the United States, 63% of advisors said the election would likely go to President Barack Obama, despite many of them preferring Romney. In a poll conducted in mid-June, 52% said Romney would win the election.
The percentage of advisors who support Romney as their next president is unchanged at 74%, according to the new poll.
What’s troubling advisors, Steve Onofrio (right), managing director for SEI, told AdvisorOne on Thursday, are the economy and the fiscal cliff. “They think he can handle it better,” he said.
Another possible reason for the increase, Onofrio suggested, is Romney’s naming Paul Ryan as his running mate, bolstering the focus on financial issues.