| Name/ticker | 3-month return | 1-year return | Net assets ($M) | Expense ratio* | 3-month average daily volume |
|---|---|---|---|---|---|
| Pimco 25+ Year Zero Coupon U.S. Treasury Index ETF (ZROZ) | 14.05% | -6.28% | $76.5 | 0.15% | 3,244 |
| Vanguard Extended Duration Treasury Index Fund ETF (EDV) | 12.95% | -6.47% | $201.5 | 0.12% | 64,654 |
| Market Vectors Preferred Secs ex Financials ETF (PFXF) | 8.37% | 6.01% | $155.6 | 0.40% | 62,682 |
| SPDR Wells Fargo Preferred Stock ETF (PSK) | 8.21% | 0.09% | $243.2 | 0.45% | 41,395 |
| iShares 20+ Year Treasury Bond ETF (TLT) | 7.70% | -4.49% | $3,207.6 | 0.15% | 7,672,137 |
| Market Vectors CEF Municipal Income ETF (XMPT) | 7.64% | -6.00% | $27.4 | 1.65% | 2,728 |
| SPDR Nuveen Barclays Build America Bond ETF (BABS) | 7.52% | -1.25% | $46.6 | 0.35% | 1,082 |
| Vanguard Long-Term Government Bond Index Fund ETF (VGLT) | 7.44% | -4.47% | $68.3 | 0.12% | 23,972 |
| PowerShares Preferred Portfolio (PGX) | 7.11% | 2.12% | $2,081.0 | 0.50% | 749,350 |
| SPDR Barclays Long Term Treasury ETF (TLO) | 7.05% | -4.31% | $57.5 | 0.14% | 23,945 |
| Vanguard Long-Term Bond Index Fund ETF (BLV) | 7.00% | -1.13% | $579.8 | 0.10% | 104,609 |
| iShares U.S. Preferred Stock ETF (PFF) | 6.77% | 3.13% | $9,049.8 | 0.48% | 1,434,570 |
| Vanguard Long-Term Corporate Bond Index Fund ETF (VCLT) | 6.70% | 1.76% | $695.7 | 0.12% | 9,768 |
| WisdomTree Brazilian Real Strategy Fund (BZF) | 6.68% | -4.45% | $33.4 | 0.45% | 490,866 |
| SPDR Nuveen S&P High Yield Municipal Bond ETF (HYMB) | 6.51% | -2.30% | $223.9 | 0.45% | 13,541 |
| Pimco 15+ Year US TIPS Index Exchange-Traded Fund (LTPZ) | 6.51% | -11.96% | $68.1 | 0.20% | 2,231 |
| iShares Core Long-Term US Bond ETF (ILTB) | 6.47% | -0.76% | $29.3 | 0.12% | 6,864 |
| Market Vectors Long Municipal Index ETF (MLN) | 6.25% | -2.11% | $75.9 | 0.24% | 31,376 |
| SPDR Barclays Long Term Corporate Bond ETF (LWC) | 6.22% | 1.93% | $86.0 | 0.15% | 13,641 |
| iShares 10+ Year Credit Bond ETF (CLY) | 6.08% | 0.72% | $284.3 | 0.20% | 8,176 |
| Pimco Build America Bond Exchange-Traded Fund (BABZ) | 5.95% | -2.62% | $20.3 | 0.45% | 795 |
| PowerShares Insured New York Municipal Bond Port (PZT) | 5.88% | -0.82% | $45.3 | 0.28% | 9,438 |
| First Trust Preferred Securities and Income ETF (FPE) | 5.66% | -2.43% | $58.2 | 0.85% | 39,877 |
| PowerShares Build America Bond Port (BAB) | 5.53% | -1.04% | $632.9 | 0.28% | 135,639 |
| PIMCO Australia Bond Index Exchange-Traded Fund (AUD) | 5.42% | -7.81% | $26.6 | 0.45% | 2,130 |
| PowerShares Insured California Municipal Bond Port (PWZ) | 5.34% | 0.53% | $49.9 | 0.28% | 14,471 |
| WisdomTree Indian Rupee Strategy Fund (ICN) | 5.27% | -1.89% | $29.5 | 0.45% | 12,355 |
| db X-trackers Muni Infra Revenue Bond Fund (RVNU) | 5.23% | $15.8 | 0.30% | 1,139 | |
| WisdomTree Australia & New Zealand Debt Fd (AUNZ) | 4.90% | -7.61% | $36.9 | 0.45% | 8,944 |
| PowerShares Insured National Municipal Bond Port (PZA) | 4.90% | -1.62% | $581.4 | 0.28% | 207,337 |
| Market Vectors High-Yield Municipal Index ETF (HYD) | 4.63% | -5.23% | $867.8 | 0.35% | 411,369 |
| iShares 10-20 Year Treasury Bond ETF (TLH) | 4.56% | -3.51% | $239.6 | 0.15% | 36,598 |
| Global X SuperIncome Preferred ETF (SPFF) | 4.53% | 7.07% | $86.4 | 0.58% | 43,049 |
| PowerShares Emerging Markets Sovereign Debt Port (PCY) | 4.33% | -1.87% | $1,870.5 | 0.50% | 637,417 |
| PowerShares 1-30 Laddered Treasury Portfolio (PLW) | 4.14% | -3.25% | $249.4 | 0.25% | 114,084 |
| Guggenheim CurrencyShares Australian Dollar Trust (FXA) | 4.05% | -9.31% | $315.6 | 0.40% | 96,282 |
| iShares California AMT-Free Muni Bond ETF (CMF) | 3.93% | 1.50% | $260.5 | 0.25% | 12,848 |
| SPDR Nuveen Barclays California Municipal Bond ETF (CXA) | 3.81% | 0.53% | $75.8 | 0.20% | 16,723 |
| iSharesBond Mar 2023 Corporate Term ETF (IBDD) | 3.80% | $10.3 | 0.10% | 1,198 | |
| iShares Utilities Bond ETF (AMPS) | 3.77% | 0.20% | $9.9 | 0.30% | 2,238 |
As of March 31. Excludes leveraged and inverse funds, and exchange-traded notes. *Most recently reported net prospectus expense ratio. Source: Lipper, a Thomson Reuters company
"Most pre-retirees are uncomfortable making key retirement income decisions without an advisor's help," said Chris Bailey of Cerulli.
Also, Summit Wealth Group nabs a Commonwealth advisor in Tennessee, Oxford Financial adds two managing directors, and Verdence draws an ultra-high-net-worth advisor from Fidelity.
When advisors have tech to handle meeting prep and organization, it frees up time they can reinvest more thoughtfully into helping clients.
LPL Financial and Raymond James also add independent advisors from Osaic and Edward Jones in Michigan and Arizona.
The SEC-registered RIA advises on more than $1 billion in client assets, with no advisory fee through 2027 and no human financial advisors.
Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.
As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor