Lower cost, increased liquidity, better transparency, greater tax efficiencies, often more diversified, and for indexed ETFs there is no “drift” of the types of investments they make.
These are the reasons assets under management for ETFs continue to grow, mutual funds continue to shrink, and more ETFs were launched last year than ever before.
Investments are not a deposit or other obligation of, or guaranteed by, the bank, are not FDIC insured, not insured by any federal government agency, and are subject to investment risks, including possible loss of principal.
Samuel serves as Senior Vice President, Chief Investment Officer for the Crews family of banks. He manages the individual investment holdings of his clients, including individuals, families, foundations, and institutions throughout the State of Florida. Samuel has been involved in banking since 1996 and has more than 20 years experience working in wealth management.
Investments are not a deposit or other obligation of, or guaranteed by, the bank, are not FDIC insured, not insured by any federal government agency, and are subject to investment risks, including possible loss of principal.
