Survey: More advisers turning to managed accounts
/The Investment Trends Managed Accounts report shows that more financial planners than ever are using managed accounts for clients, despite extreme market volatility and rising inflation.
The report was published by State Street Global Advisors (SSGA) and Investment Trends.
Key findings of the study include:
Fifty-three per cent of advisers are using managed accounts, up from 16 per cent 10 years ago.
Sixty per cent of advisers recommend managed accounts to clients, up from 44 per cent in 2021 and 33 per cent in 2019.
Separately managed accounts are the most popular with advisers (80 per cent) followed by multi-asset class models (50 per cent)
Advisers reported enjoying managed accounts due to the access to institutional-grade investment management, scaling efficiencies, and scope to educate clients and meet client goals. Operational risk is also reduced, many advisers said, with streamlined advice and investment management processes.
