Investors seem to be getting over the lofty expectations of the go-go 1990's, according to a recent survey.
   AdvisorBenchmarking Inc. found that 62% of advisors surveyed say their clients' expectations for market performance are realistic.
   Only 33% say their clients have unrealistically high expectations and 4% of advisors feel their clients have unrealistically low expectations.
"Performance expectations are hard to change and the 1990s bull market set them sky-high," says Maya Ivanova, research analyst for AdvisorBenchmarking. "Now, good communication between advisors and clients is more important than ever."
   Advisors aren't overly excited about the earnings potential in upcoming years, either, according to the survey. Fifty percent of advisors surveyed expect a long-term, secular bull market with cyclical rallies and dips, while 31% foresee a directionless market with many peaks and valleys. On the extremes, 6% expect a sustained bull market and 13% predict a secular bear market with cyclical rallies and dips.
   The federal budget deficit is the top economic concern of 27% of advisors, while 20% cite underfunding of Social Security. Other top economic concerns are energy prices, 14%, and the trade deficit, 10%.
   The survey consisted of telephone and online responses from 1,023 registered investment advisors.