Northern Trust’s FlexShares, a provider of ETFs, conducted a live poll of more than 200 financial advisors last Friday to ask them how they are responding to the impact of the coronavirus pandemic on their practices.

The poll was conducted during a webinar entitled “Unknown Waters: Insights to Help Manage Portfolios and Stress.” Among the topics discussed at that webinar was how advisors can best position client portfolios to adapt to the current market changes.

Click on the slideshow below to see the key findings of the live poll.


FAs’ Portfolio, Operational Responses to Coronavirus Pandemic

How have advisors adjusted their portfolios in the past 10 days? 38% of advisors made no changes to client portfolios 25% put some sideline money into equities 16% took some money out of equities 21% reallocated in line with their models Source: Flexshares March 20 poll, 200 plus respondents

Where do advisors see the S&P 500 performance between now and the end of the year? 68% of advisors say the S&P 500 will end the year up 5% or more 23% say the S&P 500 will be down 5% or more 9% say the S&P 500 will be flat Source: Flexshares March 20 poll, 200 plus respondents

How confident are advisors in their current asset allocation? 36% of advisors are very confident 40% are somewhat confident 23% are neutral 1% are not confident Source: Flexshares March 20 poll, 99 respondents

How do advisors manage for event risk in client portfolios today? 29% of advisors don’t implement changes based on event risk 21% take a more defensive equity position 20% tactically move to cash 19% implement a low volatility strategy 11% increase fixed-income holdings Source: Flexshares March 20 poll, 99 respondents

What measures are advisors taking with clients to remain in touch? 63% of advisors stopped all in-person meetings and most are becoming more reliant on technology 74% are utilizing emails and phone calls more 35% are turning to video capabilities like Zoom or Google 10% are operating business as usual Source: Flexshares March 20 poll, 200 plus respondents


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