Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Life Health > Life Insurance

Have Needle, Will Tailor

Your article was successfully shared with the contacts you provided.

Consultants are increasingly constructing custom target-date funds that are designed to fit the specific needs of retirement plan participants.

Researchers at Cerulli Associates, Inc., Boston, predict that trend will be a fundamental game-changer within the world of target-date funds.

The conclusion is part of a Cerulli report on changes in the asset management market.

Another trend covered is a move by some advisors to consider going independent as a result of catastrophic markets and firm mishaps. This is happening even though wirehouses are offering advisors many valid reasons to stay, the researchers write.

But readers should not expect to see major changes in the wirehouse firms that were acquired, the researchers caution, noting that the firms were acquired for their strengths, not their weaknesses.


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.