Wealth Advisor Confidence Survey 2017-2018
in association with The Financial Awareness Foundation

Wealth Advisor Confidence Survey 2018

As part of National Financial Literacy Month, The Financial Awareness Foundation has teamed with HB Publishing & Marketing Company, LLC and other financial associations to gauge the sentiment of independent financial planning and wealth advisory firms 18 months after the Presidential Election of 2016.

We sincerely appreciate you participation in this confidential survey. Your results will arrive within 2 weeks of completing this survey. Rest assured that your responses will be kept in strictest confidence and final results will be published on an anonymous aggregate basis only.

Question Title

* 1. To what extent do you believe there will be a stock market correction (at least 10% decline) within the next 12 months?

Not very likely

Somewhat likely

Very likely

Other (please specify)

Question Title

* 2. To what extent do you believe the economy will experience a recession (at least 2 consecutive quarters of negative GDP) within the next 12 months?

Not very likely

Somewhat likely

Very likely

Question Title

* 3. Last month, the Spectrum Millionaire Confidence Index fell to its lowest level in 13 years. Which of the following factors do you think contributed? (list all that apply)

Turbulence in Washington, DC

Doubts about Trump tax reform

Concerns about the federal budget

Concern about the Republican healthcare plan

Long overdue for stock market correction

Long overdue for recession

Probability of interest rate increases

Flattening yield curve

Other (please specify)

Question Title

* 4. Which demographic group below do you find is most pessimistic about its financial future? (select single best answer)

Great generation (age 70+)

Boomers (age 53-70)

Generation Y (age 36-52)

Millennials (18-35)

Generation Z (under age 18)

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* 5. Regarding your answer to the question above, do you find any gender differences?

Men more pessimistic in general

Women more pessimistic in general

No significant difference between men and women

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* 6. Please describe the extent to which you expect your firm to grow (or decline) over the next 12 months

Grow by more than 10%

Grow by 6% to 10%

Grow by 1% to 5%

Stay the same

Decline by 1% to 5%

Decline by 6% to 10%

Decline by more than 10%

Question Title

* 7. Please describe the extent to which you expect peer firms of comparable size and client makeup to grow (or decline) over the next 12 months (select best single answer):

Grow by over 10%

Grow by 6% to 10%

Grow by 1% to 5%

Stay the same

Decline by 1% to 5%

Decline by 6% to 10%

Decline by more than 10%

Question Title

* 8. To what extent are the following communication channels effective for enhancing your status as a thought leader?
(please select best answer for each row)

	Extremely effective	Very effective	Somewhat effective	NOT Very effective	N/A
Blogging	Blogging Extremely effective	Blogging Very effective	Blogging Somewhat effective	Blogging NOT Very effective	Blogging N/A
Posting on Facebook	Posting on Facebook Extremely effective	Posting on Facebook Very effective	Posting on Facebook Somewhat effective	Posting on Facebook NOT Very effective	Posting on Facebook N/A
Hosting webinars	Hosting webinars Extremely effective	Hosting webinars Very effective	Hosting webinars Somewhat effective	Hosting webinars NOT Very effective	Hosting webinars N/A
Hosting client events	Hosting client events Extremely effective	Hosting client events Very effective	Hosting client events Somewhat effective	Hosting client events NOT Very effective	Hosting client events N/A
Posting articles/updates on LinkedIn	Posting articles/updates on LinkedIn Extremely effective	Posting articles/updates on LinkedIn Very effective	Posting articles/updates on LinkedIn Somewhat effective	Posting articles/updates on LinkedIn NOT Very effective	Posting articles/updates on LinkedIn N/A
Public speaking/presentations	Public speaking/presentations Extremely effective	Public speaking/presentations Very effective	Public speaking/presentations Somewhat effective	Public speaking/presentations NOT Very effective	Public speaking/presentations N/A
Being quoted in the press	Being quoted in the press Extremely effective	Being quoted in the press Very effective	Being quoted in the press Somewhat effective	Being quoted in the press NOT Very effective	Being quoted in the press N/A
Writing articles for publication	Writing articles for publication Extremely effective	Writing articles for publication Very effective	Writing articles for publication Somewhat effective	Writing articles for publication NOT Very effective	Writing articles for publication N/A
Producing videos	Producing videos Extremely effective	Producing videos Very effective	Producing videos Somewhat effective	Producing videos NOT Very effective	Producing videos N/A
Tweeting (i.e. Twitter)	Tweeting (i.e. Twitter) Extremely effective	Tweeting (i.e. Twitter) Very effective	Tweeting (i.e. Twitter) Somewhat effective	Tweeting (i.e. Twitter) NOT Very effective	Tweeting (i.e. Twitter) N/A
Posting on Instagram, Pinterest or Snapchat	Posting on Instagram, Pinterest or Snapchat Extremely effective	Posting on Instagram, Pinterest or Snapchat Very effective	Posting on Instagram, Pinterest or Snapchat Somewhat effective	Posting on Instagram, Pinterest or Snapchat NOT Very effective	Posting on Instagram, Pinterest or Snapchat N/A
Writing books/eBooks	Writing books/eBooks Extremely effective	Writing books/eBooks Very effective	Writing books/eBooks Somewhat effective	Writing books/eBooks NOT Very effective	Writing books/eBooks N/A

Question Title

* 9. On average, how often would you say you contact your clients every month? (select single best answer)

Less than once per month

2-5 times per month

6-10 times per month

Over 10 times per month

Question Title

* 10. Which of the following best describes the size of your firm, practice or business? (select single best answer)

Sole practitioner

2-5 professionals on staff

6-10 professionals on staff

11-25 professionals on staff

26-50 professionals on staff

51-100 professionals on staff

Over 100 professionals on staff

Question Title

* 11. Which of the following best describes your business or profession? (select single best answer)

CFP Wealth Advisor/Financial Advisor

Attorney

CPA/Accountant/Tax Advisor

Insurance Professionals

Planned Giving Officer/Advisor

Business Owner

Other (please specify)

Question Title

* 12. Which of the following do you consider core offerings for your firm or practice? (select up to 6 of your top services)

Charitable Gift/Legacy Planning

Employee Benefit Planning/Brokerage

Investment Brokerage

Retirement Planning

Multi-Generational Planning

Comprehensive Financial Advising/Planning (fee based)

Asset Management

Multi-Generational Brokerage

Insurance/Risk Management Brokerage

Real Estate Planning/Brokerage

Long-Term Care Planning

College Tuition Planning

Pension/Retirement Plan Brokerage

Tax Planning

Estate Planning

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* 13. Which of the following best describes your age? (select best answer)

Under 30

30-39

40-49

50-59

60-69

70+

Question Title

* 14. Which of the following best describes your family's financial status growing up? (select single best answer)

Poverty level

Lower income, but above poverty line

Working class (non-professional)

Middle class

Upper middle class

Highly affluent

Question Title

* 15. Tell us about yourself and the best address to email results

Name*

Company

Email Address*

Question Title

* 1. To what extent do you believe there will be a stock market correction (at least 10% decline) within the next 12 months?

Question Title

* 2. To what extent do you believe the economy will experience a recession (at least 2 consecutive quarters of negative GDP) within the next 12 months?

Question Title

* 3. Last month, the Spectrum Millionaire Confidence Index fell to its lowest level in 13 years. Which of the following factors do you think contributed? (list all that apply)

Question Title

* 4. Which demographic group below do you find is most pessimistic about its financial future? (select single best answer)

Question Title

* 5. Regarding your answer to the question above, do you find any gender differences?

Question Title

* 6. Please describe the extent to which you expect your firm to grow (or decline) over the next 12 months

Question Title

* 7. Please describe the extent to which you expect peer firms of comparable size and client makeup to grow (or decline) over the next 12 months (select best single answer):

Question Title

* 8. To what extent are the following communication channels effective for enhancing your status as a thought leader? (please select best answer for each row)

Question Title

* 9. On average, how often would you say you contact your clients every month? (select single best answer)

Question Title

* 10. Which of the following best describes the size of your firm, practice or business? (select single best answer)

Question Title

* 11. Which of the following best describes your business or profession? (select single best answer)

Question Title

* 12. Which of the following do you consider core offerings for your firm or practice? (select up to 6 of your top services)

Question Title

* 13. Which of the following best describes your age? (select best answer)

Question Title

* 14. Which of the following best describes your family's financial status growing up? (select single best answer)

Question Title

* 15. Tell us about yourself and the best address to email results

* 8. To what extent are the following communication channels effective for enhancing your status as a thought leader?
(please select best answer for each row)