Apollo, like its peers, continues to target high earners for higher-fee-paying assets and has set a goal of raising at least $150 billion for its global wealth business by 2029.

Greater customization and fewer fees are behind the preference.

A number of new ETFs launched in October focused on large cap stocks.

The asset manager has appointed a new global COO to support its wealth management alts business.

Indexed ETFs remain a top tool, but advisors report healthy usage of actively managed ETFs and mutual funds for equities and fixed-income allocations.

Looking ahead to the presidential election, advisors are evenly split on the near-term direction of the economy and the markets.

Chief Executive Officer Larry Fink has moved aggressively to expand his firm’s footprint in private markets.

The AI- and machine learning-powered platform helps streamline data aggregation and tax reporting for alternative investments.