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The Wealth Advisor

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The Wealth Advisor is today’s most relied-on source of news and education for planners and advisors. We scan the news so you don’t have to, sending you what you don’t want to miss…but don’t always have time to find yourself without poring through dozens of publications. The Wealth Advisor sends you a handy once-a-week list of the most important news, hand-picked by our staff for its importance to investment advisors and their practices.

Adhesion: Debunking Myths About Outsourced Portfolio Management

(Adhesion) Outsourced Investment management is a strategy for financial advisors who want to enhance their services and guide their clients toward financial prosperity. RIAs are making the switch to outsourcing, but despite the growing popularity, there are still many misconceptions that may deter advisors from considering this route.

Let’s demystify some of those myths.

Myth 1: Outsourced Investment Management Leads to a Loss of Control Over Investment Decisions