Financial advisors have many different pins to juggle as they maintain their businesses. As a way to optimize their advisory firms, more are turning to customized exchange traded fund management portfolios in the separate accounts space.
On the upcoming webcast sponsored by PowerShares and State Street Global Advisors, Utilizing ETF Strategists to Enhance Your Advisory Business, Adam Grossman, Director of Tactical Strategy for RiverFront Investment Group, Robert D. Williams, Managing Director for Sage, and Brendan Clark, President of Clark Capital Management Group, help explain how advisors can gain an edge in today’s rapidly evolving investment landscape through the relatively nascent ETF strategist market.
According to Morningstar, there were 667 such strategies from 145 firms with $102 billion in assets under management as of June 2014, with existing managers still expanding on their current product offerings. ETF managed portfolios are investment strategies that hold more than 50% of assets invested in ETFs.
“Strategists are giving advisors and their clients access to institutional-caliber portfolios with daily liquidity and better transparency than most mutual fund offerings,” according to a PowerShares and SSgA research note, titled Partnering with ETF Strategists.