Advisory assets continue to move in lockstep with the markets, crossing $6.3 trillion and reaching a record-high at the end of the second quarter. Net flows decreased for the second quarter in a row, to $78 billion, on the heels of four consecutive quarters with net inflows of over $100 billion.
This quarter’s edition of Central examines longer-term trends in the SMA space and takes a closer look at the continuing evolution of advisory platforms and how traditional and model SMA portfolios are coexisting.
COMING Q3! – A new “Central” – With the transition of MMI’s industry data platform to Cerulli Associates, MMI members will see a new-style quarterly data summary effective with Q3 2018 data. The report will showcase the combined MMI and Cerulli industry data sets, which will be rebranded as MMI-Cerulli Advisory Solutions Data. The new report will offer the same quick, easily digested overview of the investment advisory solutions marketplace that MMI members have come to expect, but with an updated design and the insights of the Cerulli research team.