For more stories like this, sign up for the PLANADVISERdash daily newsletter.
Products March 19, 2009
iSectors Introduces ETF Models
In response to adviser demand, iSectors said it added 16 allocation models to its suite of exchange-traded fund (ETF) models.
Reported by Ellie Behling
Along with the model additions, iSectors has added a module that allows advisers to create and manage, in a turnkey fashion, their own ETF allocation models, the company said in a news release. iSectors Asset Allocation Models are also available on the Envestnet platform for firms and advisers contracted with them.
iSectors said its assets under management within their ETF-based asset allocation models have grown to $100 million. “Advisers and investors are realizing the efficiency, liquidity, and cost benefits of ETFs,”said Vern Sumnicht, CEO of iSectors, in the release. The growth is in keeping with some analysts’ predictions that ETFs will continue to see growth this year (see “ETF Usage Expected to Increase in 2009“).
You Might Also Like:

Surge in Bond ETFs Driven by Institutional Investors
According to BlackRock , actively managed strategies currently account for 14% of U.S. fixed-income ETF assets under management and 8%...

Industry Anticipates SEC Approval of Dual Share Class ETF Offerings
The Securities and Exchange Commission in March said it was prioritizing its review of applications for firms aiming to offer ETF...

Retail Investing AUM Will Likely Slow in Next 5 Years, But Sales Will Rebound
A forecast from ISS Market Intelligence shows overall retail investment assets down in the next five years, but with product...