Report Examines How Financial Advisers Use ETFs

Strategic Insight, an Asset International company, has released a report analyzing how exchange-traded funds (ETFs) are being adopted by advisers.


The report, “How Financial Advisors Use ETFs,” examines the following questions:

  • What are national broker/dealer-affiliated advisers doing and what does it mean?
  • How quickly are ETFs penetrating national broker/dealer (NBD) wraps?
  • Are financial advisers selling active mutual funds in order to switch those assets into ETFs?
  • Among NBD advisers, which kinds of mutual funds have tended to attract heavy ETF users?

The study provides analysis of ETFs’ use in NBD wraps, and especially in “Rep-as-PM” (portfolio manager) programs, the fastest-growing and most ETF-centric types of wraps.

The report used a study of 1,746 financial advisers in these programs managing a combined $12B in ETF assets – using their actual assets, flows and sales data.

The report can be purchased here.