Call it irresistible. In the US alone, the ETF market is well above the $1 trillion mark and rising. What’s driving ETF growth? Experts say one factor is “fairness.”
Ultrahigh-net-worth investors can have complex needs. That's why Abbot Downing, Wells Fargo's group serving investors with $50 million or more, has family historians and psychologists on staff.
The industry has largely moved to a team model, but some advisors may finish out their careers as 'bachelors,' says John Taft, CEO of RBC's U.S. wealth management division.