Advisory Solutions Quarterly – Q4 2019

MMI-Cerulli Advisory Solutions Quarterly Available for Download
MMI and Cerulli Associates announce the release of the Q4 2019 edition of Advisory Solutions Quarterly, which provides statistics on the managed accounts industry as of December 31, 2019. Assets in managed accounts surpassed the $7 trillion mark for the first time, ending the quarter at $7.4 trillion in assets with growth of 6.8% for the quarter and 23.9% for the year.

Download Advisory Solutions Quarterly – Q4 2019.

The Impact of COVID-19
Much has changed since the industry posted these results. The COVID-19 pandemic has upended the economy and markets. Through Friday, March 20, the Dow Jones Industrial Average has dropped 35.1% and the S&P 500 is down 32% from their mid-February peaks. We anticipate the Q1 2020 Advisory Solutions Quarterly update will tell a starkly different story than the positive news contained in this report.

Over the next several months, MMI and Cerulli will be tracking how the Coronavirus emergency affects the market for advisory solutions. We will be examining how flows and asset levels in various programs are impacted, how advisors are responding to client concerns, and how managed account sponsors are reacting to market volatility.

MMI-Cerulli Advisory Solutions Data Portal Updated
The MMI-Cerulli Advisory Solutions Data portal on Cerulli’s Lodestar platform has also been updated with Q4 2019 data. As a reminder, MMI members that contribute their advisory solutions data to Cerulli on a quarterly basis have access to this online portal. It allows users to take a deeper dive into the MMI-Cerulli dataset – with the ability to sort, filter and export the data for business planning and presentation purposes.

As you navigate this challenging environment, please feel free to reach out if we can be of any help.

  • Accessing the Advisory Solutions Quarterly report – call (646) 868-8500 or email events@mminst.org.
  • Questions on the report, access to the online portal, or contributing data – email mmidata@cerulli.com.