A recent study by RIA shows that actively managed mutual funds remain firmly at the centre of the way financial advisers manage client money. Most still kept more than two-thirds of clients assets 'active'. On average they put a third of client assets in mutual funds, but they have lost market share to ETF's. The differentiating factor shown in the study is that Congent Reports's have embraced passive investing whilst other advisers have stayed active.The study seems to suggest that advisers are changing but slowly, and even though the sample size was 1,390 it was limited to traditional financial advisers and does not factor in the rise of the robo-adviser.
A recent study by Congent Reports shows that actively managed mutual funds remain firmly at the centre of the way financial advisers manage client money. Most still kept more than two-thirds of clients assets 'active'. On average they put a third of client assets in mutual funds, but they have lost market share to ETF's. The differentiating factor shown in the study is that RIA's have embraced passive investing whilst other advisers have stayed active.The study seems to suggest that advisers are changing but slowly, and even though the sample size was 1,390 it was limited to traditional financial advisers and does not factor in the rise of the robo-adviser.