Oct 18, 2026 · 25 min · 11 segments
What impact could the US midterms have on investors? William Carroll, the head of high-net-worth strategy in the US, and James Jack, the head of the UBS business owner client segment, discuss the…
Well, I have to tell you, Tom, this is an incredibly exciting time and a time where we feel really valuable to our clients because while the headline is cautious optimism on the part of wealthy investors, and you know how we do our survey, it's over a thousand clients with a million dollars or more.
So wealthy investors, and they are feeling actually very confident about the economy, very confident about the markets.
And they're feeling very confident about their own financial position in life and their own financial future.
But they are certainly not ignoring what's going on around them, and especially the noise around these midterms.
I would say what's particularly interesting is that political views, more than we've ever seen before, are influencing investment decisions.
And that's why I'll harken back to something I said in the opening, where we feel that the advice and guidance that we give is more needed and more necessary than ever.
Even in a world with endless information, AI and all the other inputs that investors receive, advice is so valuable right now because investors are, as I said, considering portfolio changes with the loud noise.
around the different political parties, the geopolitical events, everything happening.
But I'll give you some interesting statistics, which I can point to some of the things I'm saying.
64% of the people we interviewed are highly optimistic about the US economy.
So people are more optimistic about But on the flip side of that, 88% of them say political views, the upcoming elections, all the noise around all that is going to impact their investment decisions.
Now, a majority are still thinking about doing more in terms of investing, staying bullish investing.
I love this statistic because I think it validates the good work that the men and women of UBS do in advising clients.
59% surveyed investors are more likely to seek advice from an advisor during an election year.
Well, I have to tell you, Tom, this is an incredibly exciting time and a time where we feel really valuable to our clients because while the headline is cautious optimism on the part of wealthy investors, and you know how we do our survey, it's over a thousand clients with a million dollars or more.
So wealthy investors, and they are feeling actually very confident about the economy, very confident about the markets.
And they're feeling very confident about their own financial position in life and their own financial future.
But they are certainly not ignoring what's going on around them, and especially the noise around these midterms.
I would say what's particularly interesting is that political views, more than we've ever seen before, are influencing investment decisions.
And that's why I'll harken back to something I said in the opening, where we feel that the advice and guidance that we give is more needed and more necessary than ever.
Even in a world with endless information, AI and all the other inputs that investors receive, advice is so valuable right now because investors are, as I said, considering portfolio changes with the loud noise.
around the different political parties, the geopolitical events, everything happening.
But I'll give you some interesting statistics, which I can point to some of the things I'm saying.
64% of the people we interviewed are highly optimistic about the US economy.
So people are more optimistic about But on the flip side of that, 88% of them say political views, the upcoming elections, all the noise around all that is going to impact their investment decisions.
Now, a majority are still thinking about doing more in terms of investing, staying bullish investing.
I love this statistic because I think it validates the good work that the men and women of UBS do in advising clients.
59% surveyed investors are more likely to seek advice from an advisor during an election year.
The rest of this transcript — segmented and speaker-labeled, so you land on the exact moment something was said
Search every transcript — by keyword, by phrase, or by meaning, across every show Radar indexes
Trends — what is surging across podcasts, measured against its own baseline
Alerts — when a name you follow appears in a newly indexed episode
No account is needed to search Radar.
