Publications

Jan
4
2022

MMI and Cerulli Associates announce the release of the Q3 2021 edition of Advisory Solutions Quarterly, which provides statistics on the managed accounts industry. Though managed account assets grew in the third quarter, the 2.4% quarter-over quarter growth is less than one third of the 7.9% expansion the industry experienced during 2Q 2021. An equity market pullback in September 2021, as well as slightly more muted net flows, created a third quarter of modest growth.

MMI-Cerulli Advisory Solutions Quarterly

Nov
22
2021

The first paper in a two-part series produced by MMI and FUSE Research Network, the report examines the factors driving the surge of industry interest in – and activity centered around – direct indexing. While direct indexing has been available to HNW clients and institutional investors for decades, the advent of commission-free trading and fractional shares, coupled with advances in technology, has helped to bring the strategy down market to retail investors.

MMI Special Reports

Oct
19
2021

Client and advisor expectations with respect to technology have been heightened during the pandemic – making the digital tools and resources that a firm provides critical to the satisfaction and engagement of both clients and advisors. Approximately two-thirds of clients are open to conducting more wealth management activities using a combination of online and offline channels with their advisor, reserving in-person meetings for more complex discussions.

MMI-AON Expectations and Experiences

Oct
1
2021

MMI and Cerulli Associates announce the release of the Q2 2021 edition of Advisory Solutions Quarterly, which provides statistics on the managed accounts industry as of June 30, 2021. Managed account industry assets closed the second quarter at $9.9 trillion, and net flows grew for the fifth consecutive quarter to $256 billion.

MMI-Cerulli Advisory Solutions Quarterly

Sep
28
2021

The Third 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, cryptocurrency as an asset class, and other thought-provoking topics of special interest to the investment advisory community.

MMI Journal of Investment Advisory Solutions

Sep
23
2021

The future of financial planning is becoming digitized—and pandemic-induced behaviors are likely to persist. Our latest research insights—based on survey feedback from 1,500 investors and 1,405 financial advisors across the United States—identify which aspects of pandemic-era wealth management should be retained and which could be improved as normal life returns.

MMI-AON Expectations and Experiences

Sep
7
2021

MM partnered with AchieveNEXT -- the leading provider of Peer Advisory Networks and Talent Performance Solutions for mid-market leaders, their teams, and enterprises -- to release the Wealth & Asset Management Industry Diversity, Equity and Inclusion Outlook Briefing.

MMI Special Reports

Aug
17
2021

The second paper in the 2021 four-part series—based on survey feedback from 1,500 investors and 1,405 financial advisors across the United States—identifies which aspects of pandemic-era wealth management should be retained and which could be improved as normal life returns.

MMI-AON Expectations and Experiences

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