October was the strongest month for stocks in four years. The S&P 500 index bounced back from August and September’s losses and is now up for the year. The Dow Jones Industrial Average is slightly below where it started for the year.
It’s always easier for advisors to transport their clients to new firms when markets are in positive territory and client portfolios are up. That’s why we’re starting to see more advisors in motion.
Chart: The Motley Fool
