Investors have held off from making rash financial decisions, creating an opportunity for reassessment of investment strategy versus long-term goals, according to a recent study.
"We have seen an increase in contact with financial services professionals as investors seek assistance and guidance in sorting out the situation, and advisors reach out to help them get back on course in meeting their financial goals," said Sarah Thompson, vice president of Phoenix.
The study, conducted by Phoenix Marketing International, found a strengthened bond between financial advisors and their clients since the recession. There has also been a migration away from risky, speculative investments to safer options and FDIC-insured accounts.
"Brands that have avoided scandal, have maintained transparency and engendered trust have benefited from the downturn as investors turn away from tarnished companies toward those with a track record of stability and forthrightness," Thompson said.





