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40% of investors changed portfolios before Nov. 3 midterms

A Harris Poll survey for Nationwide found 75% said the election outcome could meaningfully affect their long-term plan.

At a glance

  1. Three wealth managers told InvestmentNews that the election should not change portfolio fundamentals, because client goals, time horizon, earnings and Federal Reserve policy drive long-term results, none of which is on the ballot.
  2. Advisors in the same survey took the opposite view: 63% said leaving investment strategies unchanged is the best course in an election year, up from 52% in 2024.
  3. The UBS Investor Watch survey found 59% of millionaire investors are more likely to consider working with an advisor in an election year, up from 29% in 2024, and 84% want more guidance than usual.

Forty percent of investors said they had already changed their retirement savings or portfolio ahead of the Nov. 3 midterms, a Harris Poll survey for Nationwide found. The same survey, conducted Aug. 24 to Sept. 11, 2026, found 75% said the election outcome could meaningfully affect their long-term plan.

Three wealth managers told InvestmentNews that the election should not change portfolio fundamentals, because client goals, time horizon, earnings and Federal Reserve policy drive long-term results, none of which is on the ballot.

Advisors in the same survey took the opposite view: 63% said leaving investment strategies unchanged is the best course in an election year, up from 52% in 2024.

The UBS Investor Watch survey found 59% of millionaire investors are more likely to consider working with an advisor in an election year, up from 29% in 2024, and 84% want more guidance than usual.

Reported by the Products & portfolios desk from InvestmentNews, Harris Poll, Nationwide and UBS Investor Watch. Published . Corrections

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