By Paul Katzeff, Investors Business Daily

Experience and common sense have taught financial advisors that, when it comes to safeguarding their clients’ principal, it’s better to be safe than sorry.

As a result, 70% of financial advisors say they will cope with current market volatility by shifting to a more conservative investment strategy. That view is revealed in a survey by Jefferson National for its Advisor Authority Executive Report 2016.

Financial advisors clearly feel heat from the market volatility. Sixty-two percent of them told Jefferson National that in the current volatile market they feel pressure to revise their investment strategy for clients.

Only 35% said they don’t feel that sort of pressure, and 3% said they aren’t sure.

Financial advisors are even more emphatic about the sort of change they will make. Fifty-one percent of advisors say they will invest somewhat more conservatively, and another 19% say they will invest much more conservatively.

Only 12% say they will invest a little more aggressively, and just an additional 2% will invest much more aggressively.

Fourteen percent plan to invest about the same way they have been.┬áVolatility is the largest catalyst cropping up on advisors’ radar screens. It was the No. 1 factor that advisors predict will impact their approach to investing this year, with 34% of advisors citing it as their top concern.

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