Report by Cerulli

Discretionary Accounts Will Continue to Experience Strong Growth

Date:

Discretionary Accounts Will Continue to Experience Strong Growth

Author: Gabriela Huerta

  1. Clients want to delegate investment management
  2. In a discretionary arrangement, the advisor can quickly rebalance these accounts and swap out underperforming managers for new managers
  3. In a client discretionary arrangement, advisors need to get permission from the client before making changes to the portfolio