Unified managed accounts (UMAs) have been slow to win favor with advisors, accumulating just $79 billion in assets over the past half-decade. But recent research from Cerulli Associates projects that UMA assets will reach $327 billion by 2013 (for...
There’s something afoot in the ETF space that’s going to challenge reps and advisors to create value-for-money propositions for their services. In case you haven’t noticed, suites of commission-free ETFs are now being offered by...