2025 was eventful, and financial advisors expect more in 2026, with potential cuts to consumer protections and new rules around AI. A survey of over 200 advisors found tariff volatility and interest rate cuts are top concerns for 2026. Advisors are split on policy changes for Social Security and Medicare, with uncertainty on FICA caps and Medicare funding. Many expect a lighter regulatory landscape in 2026, but scenarios like increasing the FICA cap or cutting Medicare benefits could hurt clients. Advisors predict a reduction in regulations in the wealth management industry, with changes in private market access and AI governance anticipated.

There’s anticipation for regulatory changes in digital assets and AI, with a shift to “AI diligence” expected. While some foresee a loosening of enforcement and consumer protections, ending quarterly public company reporting is unlikely. RIAs are more optimistic about regulatory changes compared to advisors at banks and wirehouses. Consensus exists on the need for new regulations or clarification on stablecoins. With potential changes in tariffs, FICA, AI, and crypto, advisors are bracing for a transformative year in 2026.

Read more at Yahoo Finance: RIAs, wirehouses expect sweeping regulatory changes in 2026