Our guest on the podcast today is Andrew Blake. Andrew is associate director of wealth management for Cerulli Associates. He is a member of Cerulli’s Wealth Management practice, leading coverage of asset manager distribution strategy for products sold through financial advisors. With a focus on the wealth management landscape, Andrew assesses trends related to advisor use of investment products as well as their relationships with clients and varying practice types. Prior to joining Cerulli, Andrew worked at John Hancock Investment Management and a Boston-area RIA. He has a BBA in marketing as well as management and strategic leadership from Ohio University.

Background

Bio

The Cerulli Report: US Intermediary Distribution 2023

The Cerulli Report: US Advisor Metrics 2023

Research

US Broker/Dealer Marketplace 2023

US RIA Marketplace 2023

US High-Net-Worth and Ultra-High-Net-Worth Markets 2023

US Retirement Markets 2023

State of US Wealth Management Technology 2024

Advisors

The Cerulli Edge: US Advisor

“More Advisors Are Making the Move to RIA, Independent Models,” by Josh Welsh, investmentnews.com, Oct. 31, 2023.

“The Role of the Retail-Direct Channel in a Growing Financial Planning Profession,” cfp.net, March 28, 2023.

“Financial Adviser Shortage Looms, Cerulli Reports,” by Natalie Lin, planadviser.com, Jan. 16, 2024.

“Asset Managers Embrace a Technology Arms Race,” cerulli.com, Oct. 27, 2022.

“As Retirement Exodus Looms, Rookie Advisor Failure Rate at 72%, Study Finds,” by Ayo Mseka, insurancenewsnet.com, Feb. 12, 2024.

Other

Creative Planning

“Peter Mallouk: The Financial Advice Industry Is ‘Still Very Messy,’” The Long View podcast, Morningstar.com, March 26, 2024.

Vanguard Personal Advisor Select

Schwab Intelligent Portfolios

iCapital

Case IQ