“While some advisors have the expertise, resources and time necessary to effectively manage hundreds…”

Sunday, December 2nd, 2012 at 12:38 pm

“While some advisors have the expertise, resources and time necessary to effectively manage hundreds of client portfolios on a discretionary basis, most do not want to be portfolio managers. Instead, many advisors are transitioning toward fee-based financial planning, providing a variety of financial services rather than just portfolio management.”

Rise of the ETF Asset Managers