MMI-Cerulli Q1 2022 Advisory Solutions

The Q1 2022 edition of Advisory Solutions Quarterly, which provides statistics on the managed accounts industry as of March 31, 2022, is now available for download.

As market uncertainty stung equity markets during the first quarter, managed account industry assets declined for the first time since Q1 2020. Despite the turbulence, assets remained above the $10 trillion threshold, and net flows were strong at $250 billion. Since the last industry asset decline in Q1 2020, managed accounts have experienced meteoric growth, adding $4 trillion and growing 62% over the past two years.

We apologize that this report is being delivered later than normal. The upload of Q1 2022 data to the MMI-Cerulli Advisory Solutions Data portal has also been delayed this quarter. The data is expected to be fully updated online by the end of day on Wednesday, July 13. 

Cerulli is currently undergoing a large-scale data warehousing initiative designed to provide quicker turnaround of quarterly data while maintaining the highest level of data integrity. In the short term, this extensive process has caused delays in data delivery. Cerulli is working diligently to resolve those delays and is committed to ensuring timely delivery of industry data going forward.


Three Decades of TAMPs
It has been nearly 30 years since the phrase Turnkey Asset Management Program (TAMP) was first coined in the mid-1990s. In that time, the market leaders, programs implemented, and nature of how wealth managers use TAMPs have all shifted substantially. This edition looks back at 25-plus years of Cerulli TAMP coverage, analyzing key players, product trends, and the overall future of the marketplace.

We apologize again for the delays in the delivery of the Q1 2022 industry data. Please contact: