Turnkey Asset Management Platforms (TAMPs) Help Advisors With Outsourced Investment Management

Many consumers believe that an advisor’s job is to pick investments and manage portfolios. A recent article by Morey Stettner highlights that outsourcing trends indicate that more advisors are outsourcing their investment management so they can spend more time providing their clients with a broader scope of services, including retirement, taxes, insurance, household finances and life events such as divorce or charitable giving strategies. TAMPs, or turnkey asset management...

Endowment Index™ Declines 0.44% for Week Ending 8/16/2019

The Endowment Index™ calculated by Nasdaq OMX® (Symbol: ENDOW) closed at 1,259.85 Friday, declining 0.44% from the previous Friday’s close of 1,265.43. The Endowment Index™ represents the investable opportunity for managers of portfolios utilizing the Endowment Investment Philosophy™ or otherwise incorporate alternative investments within a comprehensive asset allocation strategy. The Endowment Index™ measures performance for a multi-asset, globally-diversified, three-dimensional portfolio that includes Global Equity, Global Income, and Alternative Investments...

Endowment Index™ Declines 0.46% for Week Ending 8/9/2019

The Endowment Index™ calculated by Nasdaq OMX® (Symbol: ENDOW) closed at 1,265.43 Friday, declining 0.46% from the previous Friday’s close of 1,271.25. The Endowment Index™ represents the investable opportunity for managers of portfolios utilizing the Endowment Investment Philosophy™ or otherwise incorporate alternative investments within a comprehensive asset allocation strategy. The Endowment Index™ measures performance for a multi-asset, globally-diversified, three-dimensional portfolio that includes Global Equity, Global Income, and Alternative Investments...

ETF Model Solutions’ Robert Riedl Named to Investopedia’s Top 100 Advisor’s list for 2019

Robert Riedl, CPA, CFP, AWMA, Chief Financial Officer of ETF Model Solutions, LLC and President/Director of Wealth Management for Endowment Wealth Management, Inc., has been named to the Investopedia Top 100 list of the most influential advisors for 2019. This is the 3rd year of the awards, which recognizes financial advisors who use their media platforms to promote and amplify financial education and improve the practice of financial planning...

Endowment Index™ Closes Lower for Week Ending 8/2/2019

The Endowment Index™ calculated by Nasdaq OMX® (Symbol: ENDOW) closed at 1,271.25 Friday, declining 2.39% from the previous Friday’s close of 1,302.39. The Endowment Index™ represents the investable opportunity for managers of portfolios utilizing the Endowment Investment Philosophy™ or otherwise incorporate alternative investments within a comprehensive asset allocation strategy. The Endowment Index™ measures performance for a multi-asset, globally-diversified, three-dimensional portfolio that includes Global Equity, Global Income, and Alternative Investments...

Endowment Index™ Posts Gain for Week Ending 7/26/2019

The Endowment Index™ calculated by Nasdaq OMX® (Symbol: ENDOW) closed at 1,302.39 Friday, increasing 0.63% from the previous Friday’s close of 1,294.27. The Endowment Index™ represents the investable opportunity for managers of portfolios utilizing the Endowment Investment Philosophy™ or otherwise incorporate alternative investments within a comprehensive asset allocation strategy. The Endowment Index™ measures performance for a multi-asset, globally-diversified, three-dimensional portfolio that includes Global Equity, Global Income, and Alternative Investments...

ETF use increasing among insurance companies

A recent Greenwich Associates/Invesco study showed 70% of U.S. insurance companies now use ETFs. The primary reasons for using ETFs were better access to cash/liquidity management, to gain or maintain specific exposures and low cost. ETF holdings are still a small portion of insurance company portfolios. The main reason for increased adoption is the result of a 2017 systematic value accounting ruling by National Association of Insurance Commissioners. The...

Endowment Index™ Declines 0.54% for Week Ending 7/19/2019

The Endowment Index™ calculated by Nasdaq OMX® (Symbol: ENDOW) closed at 1,294.27 Friday, declining 0.54% from the previous Friday’s close of 1,301.35. The Endowment Index™ represents the investable opportunity for managers of portfolios utilizing the Endowment Investment Philosophy™ or otherwise incorporate alternative investments within a comprehensive asset allocation strategy. The Endowment Index™ measures performance for a multi-asset, globally-diversified, three-dimensional portfolio that includes Global Equity, Global Income, and Alternative Investments...

Forty five percent of advisors could benefit from embracing model portfolios

Only 12% of advisors currently outsource their investment decisions. A Cerulli study suggests that 150,000 advisors, or 45% should be implementing models in their practices. Link to read more.  

Financial advisors scaling business through model portfolios

A recent study by Broadridge Financial Solutions indicated that that 85% of financial advisers currently use model portfolios and that over half of advised assets (54%) are in model portfolios. More advisers are using model portfolios to become more efficient as the advisory business becomes more complex. Advisors credit the following reasons for using investment models in their practice: Business scalability leveraging investment management experts focusing efforts on client...