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Featured Advisor

Srbo Radisavljevic
Managing Principal/Investment Advisor

Edge Portfolio Management


State: IL

At Edge, a low client to advisor ratio allows for personal and customized service for each individual.  Our goal is to work as a team for each client to provide not only portfolio management but wealth coordination and financial planning.  We make every effort to have frequent communication with our clients and to provide timely response to calls and emails.  I also enjoy spending time with my wife and three kids, following Chicago sports, enjoying ethnic cooking, and serving as a school board member for Norridge School District 80.

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High Net Worth Investors Adopting ETFs: Study, ETF Trends - July 23, 2013

Lower costs and trading flexibility are prompting more high net worth investors to use ETFs, according to a report.

“A Spectrem’s Millionaire Corner study on ETFs shows that while not as popular as mutual funds for investing, ETFs are growing rapidly among the investment community,” reports Kent McDill , a staff writer forMillionaire Corner. “Fewer costs and freer transaction opportunities make ETFs a new choice especially for high net worth investors.”

More highlights from the study:

  • The Millionaire Corner research studied three different wealth segments: Mass Affluent ($100,000 to $1 million not including primary residence), Millionaire ($1 million to $5 million NIPR) and Ultra High Net Worth $5 million to $25 million NIPR). Only 28% of all investors studied owned ETFs, but that number ranges depending on wealth and understanding of the products.
  • ETFs are particularly popular with Ultra High Net Worth investors, with 47% of those studied owning ETFs. A similar number (45%) of survey respondents who classify themselves as knowledgeable about investments owned ETFs.[Millionaires’ Use of ETFs Rises 200% in Six Months]
  • The other end of the study was the Mass Affluent, of which only 15% own ETFs. Only 13% of those who are not very knowledgeable about investment products own ETFs.
  • Some investors own both ETFs and Mutual Funds, and most of them like to that way – 47% of investors said they preferred having both products in their portfolio. While 30% preferred mutual funds and 24%said they preferred ETFs. Almost two-thirds of invests said they would be likely to move funds from mutual funds into ETFs.

Click here to read the original article on the ETF Trends website.