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U.S. Intermediary-Sold Fund Distribution Review - 2013

U.S. Intermediary-Sold Fund Distribution Review - 2013

A full-year, 2013 assessment, conducted by Strategic Insight, of the intermediary-sold marketplace, highlighting mutual fund and ETF growth and demand trends by channel

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Fund Distribution IntelligenceTM

Unique insights into long-term mutual fund and ETF distribution trends by channel.

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Select a market segment and the range of data to view.

  • Latest Distribution Insights

    The following commentary reflects highlights from Fund Distribution Intelligence (Data as of January 31, 2014)

    Our year-end data for 2013 didn’t pull any last-minute surprises; it represents the trends we identified throughout the year. Total third-party long-term mutual fund and exchange traded fund (ETF) assets under management (AUM) increased 23 percent in the full year of 2013 to $8.5 TN, compared to $6.9 TN in 2012. Other notable data and trends include:

    • Independent broker-dealers (IBDs) led in overall third-party distribution of long-term mutual funds and ETFs with $2.04 TN AUM, a 24 percent increase over the previous year.
    • RIAs accounted for the second highest assets under management with $1.60 TN in AUM, a 16 percent increase over 2012.
    • The wirehouse channel followed closely with $1.54 TN long-term mutual fund and ETF assets.
    • Total AUM for retail third-party distribution of long-term funds and ETFs represents $5.4 TN, or 64 percent of all third-party distribution. 
    • In comparison, the institutional channels - private bank, national banks and trust companies - had combined AUM of $3.1 TN, or 36 percent of all third-party distribution.
  • Latest Distribution Insights

    The following commentary reflects highlights from Fund Distribution Intelligence (Data as of January 31, 2014)

    Our year-end data for 2013 didn’t pull any last-minute surprises; it represents the trends we identified throughout the year. Total third-party long-term mutual fund and exchange traded fund (ETF) assets under management (AUM) increased 23 percent in the full year of 2013 to $8.5 TN, compared to $6.9 TN in 2012. Other notable data and trends include:

    • Independent broker-dealers (IBDs) led in overall third-party distribution of long-term mutual funds and ETFs with $2.04 TN AUM, a 24 percent increase over the previous year.
    • RIAs accounted for the second highest assets under management with $1.60 TN in AUM, a 16 percent increase over 2012.
    • The wirehouse channel followed closely with $1.54 TN long-term mutual fund and ETF assets.
    • Total AUM for retail third-party distribution of long-term funds and ETFs represents $5.4 TN, or 64 percent of all third-party distribution. 
    • In comparison, the institutional channels - private bank, national banks and trust companies - had combined AUM of $3.1 TN, or 36 percent of all third-party distribution.
  • Latest Distribution Insights

    The following commentary reflects highlights from Fund Distribution Intelligence (Data as of January 31, 2014)

    Our year-end data for 2013 didn’t pull any last-minute surprises; it represents the trends we identified throughout the year. Total third-party long-term mutual fund and exchange traded fund (ETF) assets under management (AUM) increased 23 percent in the full year of 2013 to $8.5 TN, compared to $6.9 TN in 2012. Other notable data and trends include:

    • Independent broker-dealers (IBDs) led in overall third-party distribution of long-term mutual funds and ETFs with $2.04 TN AUM, a 24 percent increase over the previous year.
    • RIAs accounted for the second highest assets under management with $1.60 TN in AUM, a 16 percent increase over 2012.
    • The wirehouse channel followed closely with $1.54 TN long-term mutual fund and ETF assets.
    • Total AUM for retail third-party distribution of long-term funds and ETFs represents $5.4 TN, or 64 percent of all third-party distribution. 
    • In comparison, the institutional channels - private bank, national banks and trust companies - had combined AUM of $3.1 TN, or 36 percent of all third-party distribution.
  • Latest Distribution Insights

    The following commentary reflects highlights from Fund Distribution Intelligence (Data as of January 31, 2014)

    Our year-end data for 2013 didn’t pull any last-minute surprises; it represents the trends we identified throughout the year. Total third-party long-term mutual fund and exchange traded fund (ETF) assets under management (AUM) increased 23 percent in the full year of 2013 to $8.5 TN, compared to $6.9 TN in 2012. Other notable data and trends include:

    • Independent broker-dealers (IBDs) led in overall third-party distribution of long-term mutual funds and ETFs with $2.04 TN AUM, a 24 percent increase over the previous year.
    • RIAs accounted for the second highest assets under management with $1.60 TN in AUM, a 16 percent increase over 2012.
    • The wirehouse channel followed closely with $1.54 TN long-term mutual fund and ETF assets.
    • Total AUM for retail third-party distribution of long-term funds and ETFs represents $5.4 TN, or 64 percent of all third-party distribution. 
    • In comparison, the institutional channels - private bank, national banks and trust companies - had combined AUM of $3.1 TN, or 36 percent of all third-party distribution.

Select a market segment and the range of data to view.

  • Latest Distribution Insights

    The following commentary reflects highlights from Fund Distribution Intelligence (Data as of January 31, 2014)

    Our year-end data for 2013 didn’t pull any last-minute surprises; it represents the trends we identified throughout the year. Third party distribution of ETF AUM rose to $1.8 TN in Q4 2013. This reflects a 28% increase since 2012. Other notable data and trends for ETFs include:

    • Within the RIA channel, ETFs are driving growth as demonstrated by a 33% increase in 2013.
    • Close behind, the wirehouse channel ETF assets rose 27% throughout the year.
    • ETF assets for the IBD channels also experienced an increase of 18% in 2013.
  • Latest Distribution Insights

    The following commentary reflects highlights from Fund Distribution Intelligence (Data as of January 31, 2014)

    Our year-end data for 2013 didn’t pull any last-minute surprises; it represents the trends we identified throughout the year. Third party distribution of ETF AUM rose to $1.8 TN in Q4 2013. This reflects a 28% increase since 2012. Other notable data and trends for ETFs include:

    • Within the RIA channel, ETFs are driving growth as demonstrated by a 33% increase in 2013.
    • Close behind, the wirehouse channel ETF assets rose 27% throughout the year.
    • ETF assets for the IBD channels also experienced an increase of 18% in 2013.
  • Latest Distribution Insights

    The following commentary reflects highlights from Fund Distribution Intelligence (Data as of January 31, 2014)

    Our year-end data for 2013 didn’t pull any last-minute surprises; it represents the trends we identified throughout the year. Third party distribution of ETF AUM rose to $1.8 TN in Q4 2013. This reflects a 28% increase since 2012. Other notable data and trends for ETFs include:

    • Within the RIA channel, ETFs are driving growth as demonstrated by a 33% increase in 2013.
    • Close behind, the wirehouse channel ETF assets rose 27% throughout the year.
    • ETF assets for the IBD channels also experienced an increase of 18% in 2013.
  • Latest Distribution Insights

    The following commentary reflects highlights from Fund Distribution Intelligence (Data as of January 31, 2014)

    Our year-end data for 2013 didn’t pull any last-minute surprises; it represents the trends we identified throughout the year. Third party distribution of ETF AUM rose to $1.8 TN in Q4 2013. This reflects a 28% increase since 2012. Other notable data and trends for ETFs include:

    • Within the RIA channel, ETFs are driving growth as demonstrated by a 33% increase in 2013.
    • Close behind, the wirehouse channel ETF assets rose 27% throughout the year.
    • ETF assets for the IBD channels also experienced an increase of 18% in 2013.

Select a market segment and the range of data to view.

  • Latest Distribution Insights

    The following commentary reflects highlights from Fund Distribution Intelligence (Data as of January 31, 2014)

    Our year-end data for 2013 didn’t pull any last-minute surprises; it represents the trends we identified throughout the year. Third party distribution of long-term mutual fund assets under management has risen to $6.7 TN in 2013, compared to $5.5 TN at year-end in 2012.This reflects a 22% increase throughout the year. Other notable data and trends for long-term mutual funds include:

    • Long-term mutual funds are driving growth for the IDB channel, increasing 24% throughout 2013 to $1.7 TN in AUM.
    • In comparison, long-term mutual funds for the RIA channel rose 12% during 2013 to nearly $1.25 TN in AUM.
    • In the wirehouse channel long-term mutual funds AUM rose 15%.
  • Latest Distribution Insights

    The following commentary reflects highlights from Fund Distribution Intelligence (Data as of January 31, 2014)

    Our year-end data for 2013 didn’t pull any last-minute surprises; it represents the trends we identified throughout the year. Third party distribution of long-term mutual fund assets under management has risen to $6.7 TN in 2013, compared to $5.5 TN at year-end in 2012.This reflects a 22% increase throughout the year. Other notable data and trends for long-term mutual funds include:

    • Long-term mutual funds are driving growth for the IDB channel, increasing 24% throughout 2013 to $1.7 TN in AUM.
    • In comparison, long-term mutual funds for the RIA channel rose 12% during 2013 to nearly $1.25 TN in AUM.
    • In the wirehouse channel long-term mutual funds AUM rose 15%.
  • Latest Distribution Insights

    The following commentary reflects highlights from Fund Distribution Intelligence (Data as of January 31, 2014)

    Our year-end data for 2013 didn’t pull any last-minute surprises; it represents the trends we identified throughout the year. Third party distribution of long-term mutual fund assets under management has risen to $6.7 TN in 2013, compared to $5.5 TN at year-end in 2012.This reflects a 22% increase throughout the year. Other notable data and trends for long-term mutual funds include:

    • Long-term mutual funds are driving growth for the IDB channel, increasing 24% throughout 2013 to $1.7 TN in AUM.
    • In comparison, long-term mutual funds for the RIA channel rose 12% during 2013 to nearly $1.25 TN in AUM.
    • In the wirehouse channel long-term mutual funds AUM rose 15%.
  • Latest Distribution Insights

    The following commentary reflects highlights from Fund Distribution Intelligence (Data as of January 31, 2014)

    Our year-end data for 2013 didn’t pull any last-minute surprises; it represents the trends we identified throughout the year. Third party distribution of long-term mutual fund assets under management has risen to $6.7 TN in 2013, compared to $5.5 TN at year-end in 2012.This reflects a 22% increase throughout the year. Other notable data and trends for long-term mutual funds include:

    • Long-term mutual funds are driving growth for the IDB channel, increasing 24% throughout 2013 to $1.7 TN in AUM.
    • In comparison, long-term mutual funds for the RIA channel rose 12% during 2013 to nearly $1.25 TN in AUM.
    • In the wirehouse channel long-term mutual funds AUM rose 15%.

Trust assets include both personal trust and some retirement business where the trust company is trustee.
Data Source: Access Data, a Broadridge Company

Fund Distribution IntelligenceTM comprises the most complete sales and asset data collection in the industry, creating transparency into more than $8 trillion of long-term mutual fund and ETF assets across 900+ distributors. This intelligence provides firms with critical information for distribution, product development and sales and marketing to make strategic decisions, effectively allocate resources, and accelerate growth. Data is collected monthly and can be analyzed by channel, geography and more. Data subject to occasional corrections and adjustments.