Contrary to expectations that third-party model portfolio use is accelerating, Cogent Syndicated is observing a slowing in adoption of model portfolios. Our research finds fewer advisors expect to increase their use of model portfolios compared with last year, as advisors are concerned they don’t deliver sufficient value for the money or aren’t sophisticated enough for more-affluent clients. Advisors express fewer concerns about SMAs for their high-net-worth (HNW) clients, fueling growth in the SMA and direct-indexing categories.
In this report, we’ll dive deeper into ways to better support the use of model portfolios for HNW clients and reveal which providers are succeeding in meeting the needs of HNW-focused advisors.
What third-party model portfolio providers could offer to better support the use of model portfolios for HNW clients; ability to segment results by advisors focused on HNW clients; association with being “a leader in model portfolios”; use of portfolio construction consultation services
Separately Managed Accounts
Publication Date: December 2023
Data Cuts Available: