05.28.24

FAs Embracing Direct Indexing, but Still Lack Understanding

by: Alex Padalka

Direct indexing is seen by many advisors as an appealing investment option but a large percentage lack the necessary education about it, according to a new report from index provider FTSE Russell. Though 75% of advisors aren't using direct indexing, 48% say they plan to start in the next five years, which rises to 59% among advisors at firms with $50 million to $200 million in assets under management, a survey of 631 advisors between April 1 and May 1 found. Even among those already using direct indexing, only 66% agreed with the statement, "I feel confident talking to my clients about it."

Read the full article on Financial Advisor IQ