More Advisers Getting Cozy With Portfolios

A growing number of registered investment advisers are getting more up close and personal with their clients’ portfolio, according to the latest Rydex Investments research.

A growing number of registered investment advisers are getting more up close and personal with their clients’ portfolio, according to the latest Rydex Investments research. The 2006 Rydex Advisor Benchmarking survey found that 38% of those polled are taking a “tactical” approach, more than double the 17% of three years ago. In addition, nearly 75% of those surveyed are investing in exchange-traded funds, up from 42% last year, and 27% are spending more time on client service and 27% on portfolio management, up from 19% and 8% two years ago. Respondents also say they are allocating more money to alternative investment products.