Cerulli: Redemption Rates for SMAs Are Higher than Expected

You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. SMAs have experienced explosive growth recently, rising by over 54% to $3.86 trillion in assets, according to a “U.S. Managed Accounts” report for the first quarter of 2025 from Cerulli Associates. However, the firm’s research also showed that the average redemption rates for these accounts reach into the double digits, higher than the asset managers behind them anticipated. Asset managers have ...