Produced in partnership with rpmAUM, MMI has released a new study that concludes asset management firms suffer from a significant gap between their own perceptions of where they are in their life stages and market realities – a gap that could be leading to lost growth opportunities. The study, unveiled at MMI’s Annual Conference in early October, provides insights into how domestic asset management firms are managing challenges and opportunities throughout the four stages of their business lifecycle: development, introduction, growth and maturity.
Assets in Investment Advisory Solutions stood at nearly $5.4 trillion at the end of Q2 2017. Net sales for the quarter showed continued strength at $117 billion – the third quarter in a row that inflows have topped $100 billion.
MMI is now accepting applications for the next class of the two-year Leadership Pathway program.
Now entering its third year, the program is designed to recognize talented and motivated individuals in the next generation and engage them in MMI activities in which they will learn from industry experts and network with peers. The program's goal is to develop the leadership and collaboration skills that will equip participants to assume increasing levels of responsibility and actively contribute to addressing critical industry issues and opportunities.
MMI and Morningstar have launched an initiative focused on preparing financial advisors to incorporate sustainable investing into their practices. Sustainable investing refers to the incorporation of environmental, social, and governance (ESG) factors and their impact into investment decisions.
Assets in Investment Advisory Solutions stood at $5.1 trillion at the end of Q1 2017 – topping $5 trillion for the first time and posting gains of 5.2% and 20.6%, respectively, for the quarter and trailing 12 months.
We are pleased to present the sixth edition of MMI’s annual research report on the Retail Distribution of Alternative Investments.
Produced in conjunction with Dover Financial Research, the report analyzes proprietary data provided by member firms on both traditional and liquid alternative investments, making it unique within the industry.
Mariama Bah is proof that Gateway to Leadership (GTL), MMI’s flagship workplace diversity program, is working. However, to improve industry diversity, more firms need to participate in the program – bringing its impact to bear on more students like Mariama will make a meaningful difference in our industry. To encourage greater participation, GTL is offering a new Direct Enrollment track to make it happen.
As part of our continued efforts to advocate on behalf of the advisory solutions industry, MMI’s Legal & Compliance committee has worked in conjunction with our retained counsel to submit three recent comment letters to industry regulators.
In this opinion piece, which appears in the April 10, 2017 edition of InvestmentNews, MMI President and CEO Craig Pfeiffer argues that the industry needs to rethink entry-level preparation and early-career experiences with associate/resident-type programs to attract millennials to pursue a career in financial services.