Alts Access Integral to Financial Advisor Success in 2023
December 12, 2022 | Matt Brown | WealthManagement.com
As economic uncertainty and market turbulence continue to disrupt the private wealth channel, many individual investors are looking to their advisors for fresh ideas to protect capital and pursue enhanced returns. Amid this instability, alternative investments appear to be recognized as a viable—and vital—solution.
While select advisors have been exploring alts in recent years to help drive growth during bull market cycles, the independent financial advisor community at large has historically been underallocated to alternatives relative to their institutional investor counterparts, which often allocate between 30% and 50%, according to McKinsey.
