Mutual funds are the most popular investment product with advisors industrywide, with large-cap domestic equity funds topping the list of tools advisors use to address clients’ goals. Perhaps not surprisingly, advisors reported that hedge funds, private equity and limited partnerships accounted for the smallest portions of clients’ portfolios. These are the findings of a recent study by WealthManagement.com and FUSE Research Network, which surveyed more than 680 advisors on their product usage.
