A Growing Share of Financial Advisors Are Outsourcing Their Investment Management to Third Parties
A recent Wall Street Journal piece highlights a major trend in wealth management: over 80% of fee-based advisors are now utilizing model portfolios to outsource investment decisions—a surge fueled by asset flows hitting a record $7.96 trillion in April, up from $6.44 trillion just a year ago. This shift is driven largely by the rise of cost-effective [...] The post A Growing Share of Financial Advisors Are Outsourcing Their Investment Management to Third Parties appeared first on ETF Trends.
A recent Wall Street Journal piece highlights a major trend in wealth management: over 80% of fee-based advisors are now utilizing model portfolios to outsource investment decisions—a surge fueled by asset flows hitting a record $7.96 trillion in April, up from $6.44 trillion just a year ago. This shift is driven largely by the rise of cost-effective [...]
The post A Growing Share of Financial Advisors Are Outsourcing Their Investment Management to Third Parties appeared first on ETF Trends.
