Exchange-traded funds, a relatively cheap and tax efficient way for individual investors to invest in equities while maintaining a degree of diversification in portfolios, are becoming more popular among wealthier investors and their advisors.
A recent survey of 2010 data from financial advisors conducted by Scott Smith, associate director of the intermediary practice at Cerulli Associates, found that the investor group that had the highest percentage of ETFs in its portfolios turned out to be individuals with between $5 million and $10 million in assets under management.
Register or login for access to this item and much more
All On Wall Street content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access