Recommending investments to clients requires more knowledge and expertise than ever. And keeping up with a changing investment universe isn't easy. In the past year, the number of open-end mutual funds totaled over 7,500 while the number of closed-end funds, ETF choices and alternative vehicles continue to grow.
In such an environment, which shows no sign of abating, we think clients are well served by a best-of- breed approach to money manager selection.
History has shown that no one investment manager, no matter how large, no matter how global, no matter how excellent a single product offering, can be all things to all advisors and investors. So we think that a well-defined, selection process that focuses only on the best of the best in each asset class and style is essential for success.
Our role in bringing together the best investment managers and building unique products will undoubtedly augment advisor effectiveness and enhance the investor experience.
