
Financial advice enquiries skyrocket in Trump’s first 50 days
Investors now seek protection strategies for their portfolios.
Enquiries for financial advice from new clients rose by 30% in the first 50 days since US President Donald Trump’s second term.
Whilst investors were initially racing to benefit from the Trump trade, now it’s concerns over tariffs and economic growth, according to deVere Group, an independent financial advisory organization.
““Investors who once sought guidance on how to maximize gains during the Trump Trade are now seeking protection strategies,” said deVere CEO Nigel Green.
“Initially, investors were racing to position themselves to benefit from the Trump Trade—a pro-business, pro-market stance that sent stocks soaring. But the sentiment has shifted. The reality of tariffs, trade conflicts, and inflation concerns is causing a flight to expert financial planning,” Green said.
Green noted that their clients— from high net worth individuals, to expats, and international investors— are seeking advice to protect their portfolios from the uncertainties.
“Many are restructuring their holdings, diversifying into non-dollar assets, and increasing exposure to safe-haven investments like gold and select emerging markets,” Green said.
Amongst sectors, tech stocks— which had been key beneficiaries of Trump’s first term tax cuts— now face potential headwinds from regulatory scrutiny and supply chain disruptions.
The manufacturing and agricultural industries are also grappling with retaliatory tariffs that threaten their global competitiveness.