June 12, 2012 at 09:00 AM EDT
Calling All ETF-Friendly Financial Advisors
Financial advisors have, in general, been slow to adopt ETFs. Some of them are creatures of habit, and continue to utilize primarily mutual funds. Most of them, quite honestly, have been hesitant to make the switch to ETFs due to concerns about their compensation; the lack of 12b-1 fees in ETFs eliminates a once lucrative source of income for brokers and other financial professionals. But there are signs of progress; usage of ETFs among professional money managers is definitely on the rise, which is a very encouraging development for individual investors. And there are, of course, some advisors who have been pioneers in this regard, embracing ETFs long before their colleagues. For individuals looking to identify a financial advisor who has made the plunge into ETFs and who fully comprehends the tremendous advantages of these vehicles, we highlight a number of financial advisors who have been ahead of the curve [...] Click here to read the original article on ETFdb.com. Related Posts: 22 ETF Experts You Need to Follow on Twitter
Financial advisors have, in general, been slow to adopt ETFs. Some of them are creatures of habit, and continue to utilize primarily mutual funds. Most of them, quite honestly, have been hesitant to make the switch to ETFs due to concerns about their compensation; the lack of 12b-1 fees in ETFs eliminates a once lucrative source of income for brokers and other financial professionals. But there are signs of progress; usage of ETFs among professional money managers is definitely on the rise, which is a very encouraging development for individual investors. And there are, of course, some advisors who have been pioneers in this regard, embracing ETFs long before their colleagues. For individuals looking to identify a financial advisor who has made the plunge into ETFs and who fully comprehends the tremendous advantages of these vehicles, we highlight a number of financial advisors who have been ahead of the curve [...]

Click here to read the original article on ETFdb.com.

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