Exchange-traded funds (ETFs) were the most used or recommended investment vehicle by financial advisors in the United States in 2023. The share of financial advisors who used or recommended ETFs, remained stable in 2023, from 65 percent in 2022 to 90 percent in 2023.
Most used or recommended investment vehicles among financial advisors in the United States in 2021 and 2023
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Other statistics that may interest you Investment advisors in the United States
Overview
5
- Premium Statistic Total number of of SEC-registered investment advisors 2000-2022
- Premium Statistic Number of Registered Investment Advisors (RIAs) employed in the U.S. 2012-2022
- Premium Statistic Total AUM of SEC-registered investment advisors 2000-2022
- Premium Statistic Number of SEC-registered advisors 2017-2022, by AUM
- Premium Statistic Ten most common countries by number of SEC-registered investment advisors 2018-2022
Leading firms
3
Robo-advisors
7
- Premium Statistic AUM of robo-advisors in the U.S. 2018-2028
- Premium Statistic Assets under management growth of robo-advisors in the U.S. 2019-2028
- Premium Statistic Average AUM of robo-advisors in the U.S. 2018-2028
- Premium Statistic RoboAdvisor usage (prospective) in the U.S. 2023
- Premium Statistic Investor preference for human or robo-advisor 2021, by country
- Premium Statistic Level of investor trust in robo-advisors 2021, by investor age group
- Premium Statistic Institutional investors perceived impact of AI on investment outcomes 2021
Tools
3
Services
4
- Premium Statistic Leading financial advisors in the US 2022, by AUM (in billion U.S. dollars)
- Premium Statistic Investment vehicles recommended by financial advisors U.S. 2021-2023
- Premium Statistic U.S: financial advisors projected strategies 2022-2023, by investment type
- Premium Statistic SEC-registered investment advisors by compensation scheme 2022
Clients
5
- Premium Statistic Number of SEC-registered investment advisors' clients 2017-2022, by type
- Premium Statistic Number of SEC-registered investment advisors' clients 2022, by segment
- Premium Statistic Value of SEC-registered investment advisors' assets 2022, by segment
- Premium Statistic Share of HNWIs as SEC-registered investment advisors' clients 2017-2022
- Premium Statistic HNWI's share of SEC-registered investment advisors' assets 2017-2022
Client-advisor relationship
4
- Premium Statistic Leading trust factors in an investor/financial advisor relationship the 2021
- Premium Statistic The importance of shared values in an investor/advisor relationship 2021, by country
- Premium Statistic Main reason to leave investment advisor/asset managers worldwide 2020-2022
- Premium Statistic Most common inquiries of financial advisors' clients in past six months U.S. 2023
Further related statistics
16
- Share of investors working with financial advisor worldwide 2014, by country
- Assets of affluent investors in the U.S. 2014, by affluence and control type
- Number of Socially Responsible Investment (SRI) funds in Belgium 2007-2019
- Share of investors consulting investment advisors worldwide in 2014, by region
- Leading UITF balanced funds Philippines 2022
- Leading long-term investments in the U.S. 2011-2020
- Leading long-term investments in the U.S. 2018, by income
- Household net investments in funds, bonds and equities in the U.S. 2006 - 2015
- Confidence in understanding the complexity of investing worldwide 2014, by country
- Leading reasons why investors change financial advisor worldwide 2021
- UK insurers & pension funds: quarterly investments in corporate securities 2014-2018
- Primary goals of investing worldwide 2014
- Primary goals of investing in the U.S. 2014
- Worst performing asset classes worldwide 2016
- Leading long-term investments in the U.S. according to men 2018 vs 2020
- Share of gross consideration of agri-business FDI New Zealand 2016-2018 by sector
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Statistics
- Share of investors working with financial advisor worldwide 2014, by country
- Assets of affluent investors in the U.S. 2014, by affluence and control type
- Number of Socially Responsible Investment (SRI) funds in Belgium 2007-2019
- Share of investors consulting investment advisors worldwide in 2014, by region
- Leading UITF balanced funds Philippines 2022
- Leading long-term investments in the U.S. 2011-2020
- Leading long-term investments in the U.S. 2018, by income
- Household net investments in funds, bonds and equities in the U.S. 2006 - 2015
- Confidence in understanding the complexity of investing worldwide 2014, by country
- Leading reasons why investors change financial advisor worldwide 2021
- UK insurers & pension funds: quarterly investments in corporate securities 2014-2018
- Primary goals of investing worldwide 2014
- Primary goals of investing in the U.S. 2014
- Worst performing asset classes worldwide 2016
- Leading long-term investments in the U.S. according to men 2018 vs 2020
- Share of gross consideration of agri-business FDI New Zealand 2016-2018 by sector
FPA. (May 30, 2023). Most used or recommended investment vehicles among financial advisors in the United States in 2021 and 2023 [Graph]. In Statista. Retrieved March 28, 2024, from https://www.statista.com/statistics/633264/investments-recommended-by-financial-advisors-to-clients-usa/
FPA. "Most used or recommended investment vehicles among financial advisors in the United States in 2021 and 2023." Chart. May 30, 2023. Statista. Accessed March 28, 2024. https://www.statista.com/statistics/633264/investments-recommended-by-financial-advisors-to-clients-usa/
FPA. (2023). Most used or recommended investment vehicles among financial advisors in the United States in 2021 and 2023. Statista. Statista Inc.. Accessed: March 28, 2024. https://www.statista.com/statistics/633264/investments-recommended-by-financial-advisors-to-clients-usa/
FPA. "Most Used or Recommended Investment Vehicles among Financial Advisors in The United States in 2021 and 2023." Statista, Statista Inc., 30 May 2023, https://www.statista.com/statistics/633264/investments-recommended-by-financial-advisors-to-clients-usa/
FPA, Most used or recommended investment vehicles among financial advisors in the United States in 2021 and 2023 Statista, https://www.statista.com/statistics/633264/investments-recommended-by-financial-advisors-to-clients-usa/ (last visited March 28, 2024)
Most used or recommended investment vehicles among financial advisors in the United States in 2021 and 2023 [Graph], FPA, May 30, 2023. [Online]. Available: https://www.statista.com/statistics/633264/investments-recommended-by-financial-advisors-to-clients-usa/