Exchange traded fund managed portfolios, a rising segment of the managed-account space, is breaking out as financial advisors seek out the best ways to grow wealth.

ETF Trends’ Tom Lydon sat down with Andy Gogerty, ETF Managed Portfolio Specialist Morningstar, to discuss the quickly expanding ETF managed portfolio space. [ETF Asset Managers Offer Up Their Own Unique Recipes]

“You’re seeing not only a deeper penetration in existing channels such as advisors, independent broker dealers, RIAs,” Gogerty said, “but you’re also starting to see interest and a wake up call from both wirehouse advisors, private wealth banks and even smaller institutions.”

ETF managed portfolios come in many flavors, offering advisors a variety of investment strategies. Morningstar has developed a system to monitor the universe of ETF managed portfolios, track the performances and categorize the groups.

Watch the video below to see the full interview with Andy Gogerty.

To view past video interviews, visit our videos section.

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