For example, survey results indicated that investors with financial advisors were more likely to be prepared for market turmoil. During a recent period of market volatility, 53 percent of respondents with an advisor said they took no action because their portfolio was positioned to ride it out, compared to 41 percent of respondents without an advisor.
A majority of investors, 63 percent, said they are bullish on the economy, with a higher percentage of men being more optimistic than women (73 percent versus 51 percent respectively).
Those surveyed reported stocks (76 percent) and mutual funds (73 percent) as their most common investments, and 63 percent said stocks offered the greatest opportunity for growing their wealth, with real estate coming in second at 12 percent.
The survey polled a random, nationwide sample of 1,242 adults who are financial decision makers for their household and have at least $250,000 in investable assets to assess their attitudes, preferences and behaviors related to financial planning and investing.