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Surge in financial advisors recommending low cost ETFs

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New research has uncovered a growing trend among financial advisers recommending low-cost exchange-traded funds to their clients, indicating a shift towards more cost-effective investment strategies.

According to recently released data from wholesale trading platform AUSIEX, nearly a third (30.9%) of buying volumes directed by advisers went into ETFs in 2023, marking a significant increase from the quarter seen in 2022.

The adoption of ETFs was particularly pronounced among younger advised investors, with ETFs constituting almost half (49.2%) of buy trades facilitated by advisers for individuals aged between 18-24. This represents a notable 5% uptick from the previous year.

Steady growth

Similarly, for those aged between 25-49, ETFs accounted for more than a quarter (24.7%) of the buying volumes from advisers in 2023, reflecting a steady growth trajectory over the past two years.

Brett Grant, Head of Product, Marketing & Customer Experience at AUSIEX, emphasized the increasing significance of ETFs in advisers’ investment strategies, particularly amid market uncertainty.

“ETFs have become an increasingly important part of advisers’ investment strategies, in part due to market uncertainty,” said Grant. “Today, ETFs continue to offer a diversified, low-cost exposure to an index or specific thematic, allowing advisers and their clients to gain exposure to a range of asset classes in a single transaction.”

Balanced portfolio

Grant highlighted the versatility of ETFs in constructing well-balanced portfolios tailored to individual risk tolerance and financial goals, adding that they present opportunities for advisers to engage with the next generation of investors by aligning investment options with client values.

He outlined three key advantages driving the popularity of ETFs among advisers:

1. Diversification: ETFs enable exposure to various asset classes, investment trends, and regions, facilitating instant diversification for investors.

2. Cost Efficiency: ETFs are known for their low costs compared to managed funds, providing value for clients seeking cost-effective investment solutions.

3. Liquidity and Transparency: ETFs trade on stock exchanges like individual stocks, offering intraday liquidity. The transparent nature of ETF holdings allows advisers to make well-informed investment decisions.

The findings underscore a broader industry shift towards embracing ETFs as a preferred investment vehicle, driven by their affordability, versatility, and potential for portfolio diversification.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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Boeing face delivery delays following guilty criminal charge plea

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Boeing’s deliveries are down after months of controversy, is it because they can’t make the planes, or because airlines right now don’t want them?

Boeing has agreed to plead guilty to a charge of conspiracy to defraud the United States in connection with the investigation into two fatal crashes involving its 737 MAX aircraft.

Boeing reported a significant 27% decrease in deliveries for June compared to the same month last year, possibly attributing the decrease to the companies ongoing controversies.

Aviation expert Geoffrey Thomas joins to discuss. #featured

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Blockchain sparks a transformative influence in Australia

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Professor unveils blockchain’s role in transforming the economy and innovative projects taking place at RMIT University.

Crypto Corner explores the latest market movements, expert insights and the influence of macroeconomic factors on the crypto industry.

Crypto Corner is hosted by Caroline Bowler, CEO of BTC Markets.

In this episode, BTC Markets CEO Caroline Bowler interviews Professor Chris Berg, Director of RMIT Digital3 and Co-Founder of the Blockchain Innovation Hub at RMIT University. They discuss RMIT’s cutting-edge projects and the transformative impact of blockchain technology in Australia.

Professor Berg shares insights into RMIT’s Digital3 philosophy, which combines research, innovation, and collaboration to drive the digital economy. Learn about groundbreaking initiatives in blockchain, cyber security, and AI, and how these disruptive technologies are reshaping business, government, and society.

Discover how RMIT is leading the charge in rethinking and regenerating the way we work through world-class research and tailored education, offering a glimpse into the future of technology and its potential to benefit both the economy and society. #crypto corner

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From $25K to $1.5M in real estate: expert unveils game-changing strategy for investors

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Empower your property investing with these key tips

Wyld Money dives into the world of financial freedom. Whether you’re a seasoned investor or just getting started, join us for actionable tips and tricks to unlock your earning potential, and retire on your own terms.

In this episode, Mark is joined by Dean Fraser, Founder and CEO of BrickFloor. #trending #wyld money

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