FYI: As exchange traded funds continue to take more market share, the number of advisors using the structure increased to 84 percent in 2014, up from 82 percent in 2013, according to the 2014 AdvisorBenchmarking RIA Trend Report. When asked why advisors use ETFs, 66 percent said fees, up from 58 percent last year. Getting exposure to a specific benchmark was also a top reason, with 51 percent of respondents, but it was down from 56 percent last year. Transparency and taxes were also more important reasons this year.
Regards,
Ted
http://wealthmanagement.com/print/section-5-exchange-traded-funds/advisor-views-etfs