10-16-2013 05:00 PM

ETFs Grow in Appeal for Registered Investment Advisers

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Registered investment advisers (RIAs) are increasingly finding uses for exchange-traded funds, vehicles more commonly associated with the kind of rapid trading that many advisers eschew. But ETFs are already popular with some, and their uptake is only poised to increase.
An online conference, hosted by ThinkAdvisor, conducted a poll on how advisers have used ETFs. Of the participants in the survey, nearly 76 percent offered ETFs along with mutual funds and other investments, nearly 18 percent never used ETFs, and roughly 7 percent put clients in ETF-only portfolios.

Of course, survey respondents were advisers who are already using or interested in ETFs. Among the broader universe of advisers, ETFs are still used relatively infrequently, according to Paul Glenn, special counsel to the Washington-based Investment Adviser Association.


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