Politics is now Americans’ No. 1 money worry, financial planners say
As we look toward the 2026 election cycle, a newly released report by the Certified Financial Planner (CFP) Board highlights a significant shift in the priorities of clients engaging with financial advisors. The report reveals that the political environment has surged to the forefront of concerns for clients, surpassing traditional financial matters. This change reflects a growing recognition of how political decisions and policies can directly impact financial markets, investment strategies, and overall economic stability. With the potential for major shifts in governance and policy direction, clients are increasingly aware that political landscapes can influence their financial futures.
The report underscores that clients are not only worried about the immediate effects of political decisions but are also considering long-term implications. For instance, discussions around potential tax reforms, regulatory changes, and fiscal policies are becoming more prevalent in advisor-client conversations. Advisors are finding themselves navigating complex questions regarding how changes in leadership could affect investment portfolios, retirement plans, and wealth management strategies. The CFP Board emphasizes that financial planners must adapt to this evolving landscape by staying informed about political developments and understanding their ramifications on clients’ financial health.
In this context, advisors are encouraged to foster open dialogues with their clients about political uncertainties and help them create robust financial plans that can withstand potential volatility. For example, clients may seek guidance on diversifying their investments or adjusting their financial strategies in anticipation of shifts in government policy. By addressing these concerns proactively, financial advisors can empower their clients to make informed decisions, ensuring that they remain resilient in the face of political changes. As the 2026 elections approach, the intersection of finance and politics will undoubtedly play a crucial role in shaping the advisory landscape, making it imperative for both advisors and clients to stay engaged and informed.
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.
