Forty-eight percent of financial advisors expect a market downturn to occur in 2020, and 44% think one will happen in 2021 or 2022, according to a midyear pulse-taking conducted by Independent Advisor Solutions by SEI.
Asked what factors were top of mind for themselves and their clients, 60% of advisors cited geopolitical uncertainty, 19% a big market correction and 17% a trade war.