Part 4: Expected Growth Rate of Advisory Business Over the Next Year

The continued economic recovery and equity market performance has served to keep growth expectations largely positive and we also observe fairly consistent responses across the three channels. A strong majority of advisors - approximately 70% of each of the three channels - expect growth of 10% or more over the next year. Parsing the responses ever further, we note that at least 21% of advisors from each channel expect growth rates above 20% over the coming year. It remains to be seen whether these overall expectations are accurate or if advisors are becoming too optimistic after the strong bull market in equities in recent years. 

Next Part 5 of 7: Key Drivers of Growth In the Next Five Years