Publications

Jul
21
2021

The first paper in the 2021 four-part series—which surveyed 1,500 investors and 1,405 financial advisors across the United States—unpacks the elements driving financial confidence and perceptions around quality financial planning among clients. Wealth management firms and advisors seeking to deliver a more impactful service that effectively addresses clients’ post-pandemic needs should consider the following areas.

MMI-AON Expectations and Experiences

Jul
16
2021

The 2021 edition of Retail Distribution of Alternative Investments marks the tenth year of publication. This edition examines alternative investment trends across retail distribution channels, based on the Money Management Institute’s (MMI) proprietary traditional and liquid alternative data collected from MMI member firms. Throughout this report, supplemental third-party data is presented to reinforce underlying trends

MMI Special Reports

Jul
13
2021

In this year’s four-part series, we explore the trends and gaps that have emerged between client expectations, advisor perceptions, and firm delivery capabilities in the COVID-era environment. We revisit year-over-year behavioral changes and client satisfaction scores—particularly when it comes to quality financial advice and the digital investment solutions that wealth managers have deployed to help advisors and clients navigate the pandemic environment.

MMI-AON Expectations and Experiences

Jun
24
2021

MMI and Cerulli Associates announce the release of the Q1 2021 edition of Advisory Solutions Quarterly, which provides statistics on the managed accounts industry’s continued record-setting growth. This report also explores why fixed-income managers have been largely unable to enjoy distribution through model-delivered separate accounts, and the select circumstances that have allowed a limited number of firms to become exceptions to this rule. 

MMI-Cerulli Advisory Solutions Quarterly

May
10
2021

The wealth management and asset management industries are undoubtedly entwined, and their mutual reliance leads to an interesting power dynamic that rarely reaches an equilibrium. Currently the balance of power sits with wealth management firms, as fee compression and competition for distribution relationships force asset managers to consolidate and adapt.

MMI Special Reports

Apr
1
2021

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.

MMI-Cerulli Advisory Solutions Quarterly

Mar
10
2021

The First Quarter 2021 edition of the MMI Journal of Investment Advisory Solutions, addresses these areas – the “next” normal, the acceleration of digitalization, the continued evolution of ESG investing, and other thought-provoking topics of special interest to the investment advisory community.

MMI Journal of Investment Advisory Solutions

Dec
18
2020

MMI and Cerulli Associates announce the release of the Q3 2020 edition of Advisory Solutions Quarterly, which provides statistics on the managed accounts industry’s continued rebound during the third quarter from the COVID-19-induced market collapse.

MMI-Cerulli Advisory Solutions Quarterly

Oct
30
2020

This report evaluates investment risks that goes beyond ESG-focused investment and provides an overview of the differences in two investment approaches and outlines seven scenarios with the obstacles investors may confront and need to overcome in their transition to system-level investment.

MMI Special Reports

Sep
21
2020

Based on data collected by Cerulli Associates in partnership with the Money Management Institute, the managed accounts industry experienced a strong recovery from the COVID-19-induced market collapse, growing 13.1% during 2Q 2020.

MMI-Cerulli Advisory Solutions Quarterly