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RIAs surpass wirehouses in ETF asset distribution and it'll mean change

For providers of these products and others, getting to registered investment advisors requires more Mapquest, more local manners and more frequent flying than their Morgan, Merrill,, UBS and Wells Fargo cousins

Author Guest Columnist Frank Polefrone May 22, 2014 at 6:34 PM
Admin:
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Frank Polefrone: RIAs place emphasis on their discretionary role and will easily move in and out of products based on the performance of the funds.

ROB

ROB

December 31, 2014 — 11:59 AM

This clown Frank is not to be believed. Their data is wrong, it does not update, it is a fraud for which they are overcharging. It is time someone speaks up. Not to mention I showed him how to write on this topic, he stole my idea and now he writes a report on his own. Too bad, because their data is poor, and his heart is not into it.

As an asset manager, I will never pay him and Broadridge a cent of my money.

Craig Iskowitz

Craig Iskowitz

February 24, 2015 — 9:37 PM

I’ve seen this data confirmed from other sources. RIA’s are surpassing Wirehouses in distribution of ETFs. This is due to the many benefits that ETF’s can provide to RIA’s, including: – liquidity – diversification – exposure to and mitigation of risk – access to a wide variety of assets – access to a variety of investment strategies beyond passive indices
These and other topics were covered in an interesting panel discussion at the
recent MMI Convention. You can read the entire article for free here: http://wmtoday.com/?p=4074


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Mentioned in this article:

Forefield
Financial Planning Software
Top Executive: Brent Delehey



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