New Research from MMI and Aon Finds Demand for Financial Advice Has Increased Substantially

More than half (52%) of investors say that the value of financial advice has increased post crisis, but less than half (43%) report actually having a planning discussion with their advisor in the past year. Why the disconnect?

According to new research from MMI and Aon in their Advisory Solutions: Expectations and Experiences series, surprising gaps between client expectations and firm delivery continue to challenge the wealth management industry and inhibit client value.

Other key findings:

MMI-Cerulli Q1 2021 Advisory Solutions

MMI and Cerulli Associates announce the release of the Q1 2021 edition of Advisory Solutions Quarterly, which provides statistics on the managed accounts industry as of March 31, 2021. Strong net flows ($202.2 billion) in Q1 2021 drove managed account industry assets to an all-time high of $9.2 trillion, only three months after eclipsing $8 trillion ($8.7 trillion) at year-end 2020. Industry net flows jumped 26.5% from the prior quarter, led by RPM and UMA programs.

MMI Launches Executive IQ

MMI has officially launched Executive IQ with the University of Virginia Darden School of Business, Microsoft, and PwC. Executive IQ is an 15-month program that provides senior leaders the hands-on education, real time skills and tools to make an immediate impact on their organization. 

Over 60 executives from these leading organizations in wealth management, asset management, and fintech will be part of the inaugural cohort:

MMI-Cerulli Q4 2020 Advisory Solutions

MMI and Cerulli Associates announce the release of the Q4 2020 edition of Advisory Solutions Quarterly, which provides statistics on the managed accounts industry as of December 31, 2020. Managed account industry assets surpassed $8 trillion for the first time in history, closing the year at $8.7 trillion. Total industry flows also grew in Q4 2020, increasing 52.1% from Q1 2020 and reaching $159.6 billion, their highest level since 2017.

First Quarter 2021 Edition of the MMI Journal of Investment Advisory Solutions

MMI is pleased to announce the First Quarter 2021 edition of the MMI Journal of Investment Advisory Solutions, a compendium of research reports and articles on some of the hottest topics in the advisory solutions space. Developed to provide MMI members with informed perspective from industry thought leaders, this edition addresses these major topics.

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