MMI-Cerulli Q3 2020 Advisory Solutions Data Available

MMI and Cerulli Associates announce the release of the Q3 2020 edition of Advisory Solutions Quarterly, which provides statistics on the managed accounts industry as of September 30, 2020. Managed account industry assets ballooned to $7.8 trillion at the end of the third quarter, having expanded 12.3% during the past year and 20.5% over the last two years. Net flows for the quarter bounced back to $115.5 billion, approaching pre-COVID levels, with UMA flows leading the way at $32.4 billion. 

MMI-Cerulli Q2 2020 Advisory Solutions Data Available

MMI and Cerulli Associates announce the release of the Q2 2020 edition of Advisory Solutions Quarterly, which provides statistics on the managed accounts industry as of June 30, 2020. The managed accounts industry experienced a strong recovery from the COVID-19-induced market collapse, increasing 13.1% during the second quarter. The “V-shaped” recovery of the financial markets drove assets back to $7.3 trillion – just slightly below the record high of $7.4 trillion at the end of 4Q 2019. 

MMI-Aon Research – Profile of Today’s Successful Financial Advisors

The meaning of client-centricity is changing – a trend which has been accelerated by the COVID-19 pandemic. Clients increasingly want their advisors to connect their financial plans to their personal values. To do this at scale, the most successful advisors across all age groups are embracing the productivity-enhancing technology and wealth management tools made available by their firms.

MMI Annual Conference Update – Virtual Event Starts in October

2020 has been a year like no other – and this year’s Annual Conference will be unlike any MMI event you’ve ever attended.

For all the obvious reasons, MMI has made the decision to host this year’s event virtually. Like you, we will miss the excitement and collegiality of getting together in person, but we’re leaning into our conference theme of Embracing Waves of Change.

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