Advice industry tilts toward model portfolios as surest path to building scale
Client-level investment management is gradually going the way of white tennis balls as asset management becomes increasingly commoditized.
As portfolio management becomes increasingly commoditized, the use of model portfolios is seen as the surest way to gain scale at the firm level.
A new report from Cerulli Associates cites the trend toward a planning-oriented service model as “a powerful impetus for the adoption of model portfo
Learn more about reprints and licensing for this article.