Politics is now Americans’ No. 1 money worry, financial planners say
As we approach the 2026 elections, a recent report from the Certified Financial Planner (CFP) Board reveals that the political landscape has emerged as the primary concern for clients consulting with their financial advisors. This shift in focus reflects a growing awareness among investors about how political decisions and policies can significantly impact their financial well-being and investment strategies. The report highlights that clients are increasingly seeking guidance on navigating the uncertainties created by the current political climate, which is marked by polarization, legislative changes, and varied economic policies.
One key insight from the report is that clients are not only worried about immediate political events but are also considering the long-term implications of governance on their financial futures. For instance, discussions around tax reform, healthcare policies, and regulatory changes are becoming more prevalent in advisory sessions. Advisors are now tasked with helping clients understand how potential shifts in administration or policy could affect their investment portfolios, retirement plans, and overall financial strategies. The report underscores the necessity for financial professionals to stay informed about political developments and to proactively address these concerns in their client communications.
Moreover, the CFP Board’s findings suggest that the integration of political considerations into financial planning is becoming essential. Advisors are encouraged to adopt a holistic approach that encompasses not just market analysis but also an understanding of the political factors at play. By doing so, they can better prepare their clients for potential market volatility and help them make informed decisions. As the political environment continues to evolve, it is clear that the intersection of politics and finance will remain a critical area of focus for both clients and advisors alike, shaping the way financial planning is approached in the coming years.
Heading into 2026, the political environment has become the top concern clients are raising with their advisor, according to a new report by the CFP Board.
