In this report, Cerulli analysts take a closer look at how financial advisors assemble and manage portfolios on behalf of clients as well as what consumers want from their portfolios. The ongoing growth of rep-as-portfolio-manager (RPM) programs within fee-based platforms has drawn intense interest in what factors truly influence advisors’ choices. This report goes beyond the theoretical underpinnings of portfolio construction to understand the actual steps and decision points facing advisors as they implement asset allocation strategies and select securities for a portfolio. The intent of this report is to help broker/dealers, product providers, and other service providers understand the reality of the processes advisors are undertaking so they may deliver products and services to better assist advisors in these efforts.
This standalone report is the outcome of proprietary Cerulli research. Each chapter contains charts and commentary, including important tactical ramifications for asset managers, distributors, and advisors. The report is designed as a business planning tool, and additional support leveraging this data—in the form of customized workshops and other presentations—is also available.
Reasons To Purchase:
- Understand how the Department of Labor’s (DOL) Conflict of Interest Rule is influencing advisory firms and reshaping portfolio construction
- Examine the challenges and concerns facing investment advisors, and how many are responding to consumer demands for passive, low-cost investing
- Explore the underlying philosophies that advisors are applying to portfolio construction and their attitudes toward asset allocation, passive investing, environmental, social, and governance (ESG)/socially responsible investing (SRI), and the use of home-office-created portfolios