MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Monday, August 30, 2010 UMA Use Rises Fundsters interested in distributing via unified managed accounts may take heart in some new data from Horsesmouth and kasina. In their most recent "nugget of the week" from their third joint FA Vision study, the duo found that UMAs accounted for 8.3 percent of wirehouse advisors' business over the past year, up from 6.2 percent in the previous year. And wirehouse advisors expect that growth to continue. "Wirehouse reps anticipate doing 11.7 percent of their business over the coming year in UMAs," Horsesmouth and kasina revealed in a statement. The pair surveyed 3,162 advisors between April 29 and June 11 to create the most recent FA Vision study. Printed from: MFWire.com/story.asp?s=33300 Copyright 2010, InvestmentWires, Inc. All Rights Reserved |