A married couple, each 50 years old, is looking for financial planning and investment guidance to help them meet their goal of retiring at age 65 with a secure stream of retirement income. Are they getting started too late? Can they reconcile their differing risk appetites? When should they claim Social Security? Should they take a home equity loan to buy a $40,000 boat?
The U.S. Government Accountability Office (GAO) has released its report on managed accounts in 401(k) plans.
GAO contacted MMI at the outset of its examination and we appreciated the opportunity to comment and consult with GAO throughout its examination.
We are in the process of preparing a summary of the important sections of the GAO report and we will soon release it to our members.
In a strong first quarter, managed solutions assets rose 5% to $3.6 trillion with all market segments experiencing solid gains. Rep as Portfolio Manager led all segments with asset growth of 8%, followed by UMAs at 5%, Mutual Fund Advisory and Separately Managed Account Advisory (SMAs) at 4%, and Rep as Advisor at 3%. Net flows remained strong across all segments with total net flows of $66 billion for the quarter.
MMI’s mission is to help member firms – and, by extension, the advisory solutions industry – to Connect, Know and Grow. Our strategic business plan, key initiatives and major activities are all carefully aligned and tracked to this objective.
We are pleased to present the third edition of MMI’s research report on the Distribution of Alternative Investments through Wirehouses. The 60-page report, based on mutual fund and ETF data collected exclusively by MMI/Dover Financial from wirehouse firms for year-end 2013, explores trends in the retail distribution of alternative investments in the wirehouse channel and the factors that are driving investor and financial advisor demand for alternatives.
Serving Client Demand for Impact Investing: A Hands-on Guide for Financial Advisors and Senior Management
We are pleased to present a special report on Impact Investing produced in conjunction with Impact Economy, a leading impact investing and strategy firm, entitled Serving Client Demand for Impact Investing: A Hands-on Guide for Financial Advisors and Senior Management.
In conjunction with InvestmentNews (IN) Custom Media, MMI developed a special advertising supplement on the value of managed solutions titled “Managed Solutions: Meeting Today’s Challenges.” Designed to educate financial advisors across all distribution channels on how advisory solutions can help them provide clients with better investment choices and outcomes – as well as improve a
Q1 2014 MMI Central Summary
Highlights of this edition include: