It was about 10 years ago when Sheryl Garrett first predicted that within 20 years, hourly pricing would become the most popular way of charging for financial advice.
Today, with hourly pricing still representing a tiny fraction of advisory fee models, she admits the forecast was too optimistic.
Learn more about reprints and licensing for this article.
According to CFRA data, through the end of last year, active ETFs made up 4% of all ETF assets, and represented 10% of ETF net inflows in the past year.
The debate over active versus passive strategies may be coming to a close.
Evolving technology, increasing longevity and cryptocurrencies will all play a role in the future of advice, according to seven experts from across the wealth management industry.
Take digital as far as possible to free up human capital
Here's a look at how a basic portfolio of 60% stocks and 40% bonds performed following six major market events in recent decades
