FYI: Despite the growing popularity of passively managed accounts, more advisors are increasing their use of actively managed accounts than those who are decreasing their use, a new study says.
Over the next one to two years, 30 percent of advisors who now actively manage some of their clients’ investments say they will increase the use of active management. Only 14 percent say they will decrease the use of active accounts, according to the report released Monday by Practical Perspectives, a research and consulting firm.
Regards,
Ted
http://www.fa-mag.com/news/advisors-still-like-hands-on-approach--study-says-34247.html?print
