ETFs becoming the new default investment
In less than a decade, ETFs have become the most important investment tool in advisers’ toolboxes. More than 80% of industry pros now use the passive funds – that’s double from 10 years ago, according to a recent study by the FPA.
Other dramatic wealth management shifts, from the reasons planners now give for rebalancing asset allocations, to the outlook on the U.S. economy, were revealed by the FPA’s Trends in Investing survey. Click through our slideshow to learn more about strategies advisers – or their competitors – are utilizing today.
FPA’s 10th annual study surveyed 283 advisers in April, 98% of whom are CFP practitioners and about half identify as independent IARs/RIAs.