Year-End Meetings Could Introduce a Stabilizer
According to our second quarter 2025 RIA Economic Outlook Survey, a growing number of RIAs (45%) believed there is at least a moderate likelihood that the economy will be in a recession in the next 12 months (up from 29% in Q1). Half of these advisors either had already made changes to client portfolios or were planning on it, while the other half had not. During volatile markets, advisors often focus on helping clients to preserve capital while seeking modest growth. This should include educating clients on downside protection and tax-deferred products like annuities.