Equities

For investors sitting on large equity portfolio gains, 2025 should be a year to diversify their portfolios with a focus on income.

RIA sentiment over the economy and the markets both jumped to their highest levels of the year in the wake of the presidential election, according to WealthManagement.com’s monthly Advisor Sentiment Index.

Falling interest rates and the disappearance of a valuation gap with private real estate should also add tailwinds for publicly listed real estate.

The firm’s research found that investors with assets in model portfolios are happier with their advisors. It also found that 54% of advisors now use custom-built models.

The profit outlook for the group is converging with the rest of the S&P 500, but their valuations are not.

The president-elect’s agenda promises uncertainty and volatility for stocks. A healthy exposure to bonds may be key to peaceful sleep.

In separate news, Alliance Bernstein unveiled several new tax-advantaged SMAs focused on equities and municipal bonds.