Advisers are recalibrating client portfolios and communications strategies in response to global political volatility, according to the latest quarterly research conducted by Praemium in partnership with CoreData.

The research reveals that six in ten advisers cite U.S. President Trump related events as having a moderate to major effect on portfolio construction and client conversations, with 60% of advisers stating they have made changes to their investment strategy in response to recent market volatility.  This uncertainty has also intensified client engagement, with 47% of advisers reporting increased communication volumes and a heightened need for reassurance.

While 73% of advisers remain “cautiously optimistic” about risk and long-term investing, those advisers servicing larger portfolios are spending more time reassessing investment strategies, with 35% of high-net-worth advisers dedicating four or more hours per client in the last six months to strategy reviews.