Cerulli Report

Managed Account Sponsors Are Keen to Make Advisors Better Portfolio Managers


Author: Funds Society, Miami

  1. Managed account sponsors remain concerned about the operation of their advisory discretionary programs, ranking consistent underperformance (82%), straying from investment policy, (79%), and lack of investment review (71%) as chief issues
  2. Cerulli recommends managed account sponsors consider firm-wide priorities to help define and clearly communicate to asset managers which resources they believe would be useful to help support the portfolio construction and management efforts of their advisorforce