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Wealth Advisor Confidence Survey 2020
a joint initiative of The Financial Awareness Foundation,  CPA Trendlines and HB Publishing & Marketing Company, LLC

Wealth Advisor Confidence Survey 2020

The Financial Awareness Foundation has teamed up with CPA Trendlines, HB Publishing & Marketing Company, LLC and other financial organizations to gauge the sentiment of independent financial planning and wealth advisory firms in the first three years since the 2016 elections took place. 

We sincerely appreciate your participation in this confidential survey. Your results will arrive within 2 weeks of the survey closing--before results are shared with the media and general public. Rest assured that your responses will be kept in strictest confidence and final results will be published on an anonymous aggregate basis only.

Thanks again for your participation. Findings will be presented at the Accounting & Finance Show-NYC and published in various national financial media outlets.
1.To what extent do you believe there will be a stock market correction (at least 10% decline) within the next 12 months?
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?
3.Which of the following factors do you believe are contributing to the declining confidence of small businesses owners and other affluent Americans? (list all that apply)
4.Which demographic group below do you find is most pessimistic about its financial future? (select single best answer)
5.Do you find any gender differences when it comes to your clients' financial outlook?
6.Over the past year, to what extent has America's financial awareness and literacy changed? (select only one answer)
7.Which of the following could make the biggest positive impact on America's  financial awareness and literacy over the next decade? 
(Select only one response)
8.What proportion of your NEW clients/prospects struggle with the following challenges:
Very few
One third or less
Roughly half
Approximately two-thirds
Most if not all
Don't know how much money they spend every month
Don't know how much they would need to maintain their lifestyle in retirement
Don't have a clearly defined investment policy statement or asset allocation plan
Don't have an up-to-date  estate or gift plan in place
Have significant gaps in their insurance
Have more than $30,000 in student debt
Are in danger of outliving their money in retirement
9.If new laws prohibited families from using home equity to pay for higher education, to what extent would college tuition be impacted? (Select only one)
10.Over 45 million student loan borrowers collectively owe more than $1.5 trillion.  To what extent are the following factors contributing to the student loan crisis? (Please select one answer from each row)(Required.)
Strongly agree
Somewhat agree
Somewhat disagree
Strongly disagree
N/A
Lack of Planning / insufficient college savings (i.e 529)
Peer pressure (keeping up with the Jones)
Unplanned financial setback (job loss, major medical, home damage)
Bad terms on student loans
Lack of family financial assistance
Overpriced cost of education
Not understanding Expected Family Contribution (EFC)
Unrealistic expectations about merit aid/athletic scholarships
Not understanding FAFSA/CSS financial aid process
11.Why are so many Americans reluctant to obtain (and keep current) a financial, estate and gift plan? (select all that apply)
12.Please describe the extent to which you expect your firm to grow (or  decline) over the next 12 months
13.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:
14.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
Tweeting (i.e. Twitter)
Posting on Facebook
Producing videos
Being quoted in the press
Hosting webinars
Blogging
Writing books/eBooks
Hosting client events
Posting on Instagram, Pinterest or Snapchat
Writing articles for publication
Public speaking/presentations
Posting articles/updates on LinkedIn
15.On average, how often would you say you contact your clients every month? (select single best answer)
16.Which of the following best describes the size of your firm, practice or business? (select single best answer)
17.Which of the following best describes your business or profession? (select single best answer)
18.Which of the following do you consider core offerings for your firm or practice? (select up to 6 of your top services)
19.Which of the following best describes your age? (select best answer)
20.Which of the following best describes your family's financial status during your childhood? (select single best answer)
21.Where should we send your free report?
22.Please contact us if you would like a presentation of the survey findings at your organization, conference or webinar.
Current Progress,
0 of 22 answered