How Advisors Are Tapping ETFs in Model Portfolios

Model portfolios using exchange-traded funds are becoming the new darlings of the financial advisory world. According to Cerulli Associates, of the estimated $36 trillion allocated to model portfolios across all financial intermediary channels, 65%, or $23 trillion, is managed in house by firms building their own models, and there are multiple reasons why that trend will continue to gain momentum. “ETF models have become the backbone for the majority of retirement and taxable client accounts,” said Patric ...