All types of managed money solutions used by fee-based advisers are expected to grow over the next two years, but the use of exchange-traded, fund-managed accounts will far outpace adoption of other solutions.
That's according to a new Cogent Reports study from Market Strategies International, Advisor Trends in Managed Accounts.
On a net basis, the proportion of fee-based advisers expecting to increase their use of ETF advisory/wrap accounts (23%) is three times the proportion who expects to increase their use of mutual fund advisory/wrap accounts (7%), the data showed.
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