Investors seek advice to deal with volatility

Professional advice can help investors manage market volatility, a recent poll found. Most respondents said two factors help them manage their emotions during market volatility: guidance from a financial advisor and investment transparency. The report also found a growing interest in knowing more about the managers behind the funds. The number of respondents citing a “high interest” in the managers rose to 36% in 2021 from 29% in 2020. Consumer interest in the investment companies managing mutual funds jumped to 44% in 2021 from 31% in 2020 among younger investors (ages 35–44).