2025年证券顾问洞察调查报告（英文）.pdfVIP

InteractiveBrokers

AdvisorInsightsSurvey

June2025

InteractiveBrokersLLC,membernySe,FInrA,SIPC.

AbouttheSurvey

TheInteractiveBrokersAdvisorInsightsSurveywas

developedtobetterunderstandtheoutlookofindependent,

fee-basedfinancialadvisorsfortheirfirmsinthecurrent

marketenvironment.Theemailsurvey,whichwas

conductedinApril2025,wascompletedby113financial

advisorswithanaverageof19yearsofexperience.Survey

respondentsindicatedtheyworkatfirmswithanaverageof

$120.2millioninassetsundermanagement.

2 AdvISorInSIghTSSurvey2025

ExecutiveSummary

•Advisors’uSmarketoutlookistepid,atbest:36%callthemselvesbears,while31%arebulls.

•Advisorsaremoreupbeatintheirglobaloutlook:38%arebullishand11%saytheyarebears.

•Thedampenedmarketenthusiasmisrelativelyrecent:62%ofadvisorsreportgrowingmorebearishin

recentmonths.

•They’rebullishontheirownprospects:61%expecttogrowthisyear.

•Advisors’topeconomicconcerns?TariffsandtheimpactofchanginguSpolicies.

•Theirclientsworryabouttheimpactofthemarket’svolatilityontheirnesteggs.

•AdvisorsaredivertingmoreclientassetsoutsidetheuS:whiledecreasingexposuretouSequities,

they’reinvestingmoreinnon-uSequitiesandnon-uScurrencies.

3 AdvISorInSIghTSSurvey2025

AdvisorsAreLukewarm—AtBest—InTheirUSMarketOutlook

Question:ForyouroutlookontheuSmarkets,pleasecategorizewhetheryouareabull,bearorneutral.

36%31%

BearBull

33%

Ne