DC Plan Advisors See Small Revenue Boost from SECURE Act 2.0 * SECURE Act 2.0, passed in December 2022, expanded on the 2019 SECURE Act to encourage retirement savings and create more defined contribution (DC) plans. Among its key provisions, SECURE 2.0 expanded tax credits to help employers offset DC plan costs and requires many more employers to automatically enroll employees in DC plans starting in 2025. * Based on a September FUSE survey of 80 advisors who specialize in DC plans, 59% expect SECURE Act 2.0 provisions to increase their revenues by 1% to 10% by the end of 2025. * Meanwhile, 33% foresee no impact on revenues from the SECURE Act 2.0. Only 9% of specialist plan advisors anticipate the law will increase their revenues by 10% or greater by the end of next year. * Asset managers may be able to create value-add programs that help DC plan advisors work with sponsors to implement SECURE Act 2.0 provisions and expand access to DC plans.? (See https://lnkd.in/e6HuWn6T)
FUSE Research Network
金融服务
Needham，MA 1,858 位关注者
Helping our clients make better informed decisions more quickly to improve their competitive advantage.
关于我们
FUSE Research Network is a leading edge decision support firm that employs a highly refined market intelligence capability to deliver informed, decisive, and forward-looking guidance to firms in the asset management industry. While the industry is supported by dozens of strategic consultants and data providers, FUSE's positioning is firmly in the area of tactical execution.
- 网站
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https://www.fuse-research.com
FUSE Research Network的外部链接
- 所属行业
- 金融服务
- 规模
- 11-50 人
- 总部
- Needham，MA
- 类型
- 合营企业
- 创立
- 2008
- 领域
- Market Intelligence、Research、Decision Support和Resource Optimization
地点
FUSE Research Network员工
动态
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Many thanks from the FUSE Research team to our Forum Candor Hour speaker, Sandy Bolton, who shared the successes and challenges she has experienced during her impressive 30+ year career spanning prominent wealth management firms. #wealthmanagement #investmentmanagement
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The FUSE team extends our thanks to all the participants and the nearly 200 attendees who made yesterday’s 9th Annual FUSE Forum a huge success! Special thanks to our executive speakers Jim McCarthy and Wayne Bloom who shared valuable insights about the evolving operating environment and product set for financial advisors as well as David Brown who outlined strategic initiatives for investment managers. #investmentmanagement #wealthmanagement
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The FUSE team extends our thanks to all the participants and the nearly 200 attendees who made yesterday’s 9th Annual FUSE Forum a huge success! Special thanks to our executive speakers Jim McCarthy and Wayne Bloom who shared valuable insights about the evolving operating environment and product set for financial advisors as well as David Brown who outlined strategic initiatives for investment managers. #investmentmanagement #wealthmanagement
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We are ready! Looking forward to a great day at the 9th Annual FUSE Forum. #investmentmanagement #wealthmanagement
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Model Portfolios and Wrap Programs: Key Measures of National Accounts Success Last year, platform gross sales unseated funds added to model portfolios as the most important criteria in measuring National Accounts performance. This year marks the return to the norm, with funds added to model portfolios topping the list. Recent statistics show that home office research teams continue to influence financial advisors’ investment decisions both directly and indirectly. According to FUSE’s Portfolio Construction: The Advisor View, 67% of advisor respondents noted that home office research provided some level of input for selecting investments for their clients. Advisors are utilizing model portfolios and wrap platforms to offer clients a more streamlined portfolio management process and a consolidated investment solution that allows for increased engagement. The role of National Accounts will be critical to an asset manager’s future success within the wealth channel. https://lnkd.in/etARqKNa
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FUSE's T. Neil Bathon weighs in on Vestmark's new BlackRock model offering with Alyson Velati from Ignites.
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This is your last chance to join us at the 9th Annual FUSE Forum, happening one week from today in Boston. Registration closes soon! Register here: https://lnkd.in/eH4HhwFQ Agenda here: https://lnkd.in/dGe3qS8J #investmentmanagement #wealthmanagement
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FUSE’s Mario Favetta questions whether Morningstar’s Medalist methodology tweak will impact raising assets with Sasha (Zhiqing) Chen from With Intelligence.
platform.withintelligence.com
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Converted ETF AUM and Net Flow Growth Continue on a Positive Trajectory From 2021 through August 2024, there have been 87 mutual fund-to-ETF conversions. These converted funds now hold a combined AUM of $122.4 billion, with YTD net inflows of approximately $9.6 billion. Converted ETFs currently represent 15.6% of the total active ETF market. Dimensional remains the leading converted ETF firm, managing $86.5 billion in assets with YTD net inflows of $6.3 billion. However, other firms are also making strides. For example, Fidelity has converted 12 funds through August 2024. Prior to conversion, these funds held $9.5 billion in AUM, which now stands at $13.2 billion, with $1.7 billion in net inflows post-conversion. JPMorgan has also witnessed increased momentum, with $845 million in net inflows YTD. Despite some firms’ success, the pace of conversions has slowed in 2024. With only 13 conversions YTD compared to 36 in 2023, many firms remain hesitant after seeing the challenges conversions initially faced. However, the uptick in inflows, especially excluding Dimensional, may encourage more firms to make the shift. Notably, BlackRock announced early in 2024 its intent to convert its $902.4 million International Dividend Fund and recently revealed plans to convert its $1.7 billion Municipal Bond Fund, signaling the entrance of a significant player into the market. https://lnkd.in/dBGKADXq
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