Exchange traded funds have found their way into many investment portfolios, but there are still a lot of investors and financial advisors who are just starting to understand how the asset class works.
ETF Trends’ Tom Lydon sat down with Sue Thompson, Managing Director and Head of the Registered Investment Advisor Group at BlackRock, at the Charles Schwab IMPACT 2013 conference in Washington, D.C. to discuss the increased adoption rate of ETFs in the investment community.
Recently, a study by Greenwich Associates, which primarily focused on pensions and institutions, began a survey that included registered investment advisors, or RIAs, and revealed a growing trend among the advisor community.
“The vast majority, or over 50%, said that they planned on increasing their usage of ETFs by at least 5%, and 20% said they were going to increase their ETF usage by more than 10% in the incoming year,” Thompson said.
This will amount to one of the fastest growing channels for ETF demand.