Fuse Blog

Distributor Sub-Advised Funds

  • Proprietary funds at distributors (used only in affiliated advisory programs) are the largest growth area of sub-advisory opportunities
  • Most of these funds are multi-managed, so prospective sub-advisors don’t have a conflict with offering a clone of an existing fund
  • Bridge Builder just filed for a tax-managed suite of sub-advised funds, and other distributor fund families may follow, which would further increase sub-advisory opportunities
  • SEI already offers sub-advised tax-managed funds

Summary of Distributor Sub-Advised Funds

distributor sa funds 3222

Note: Includes only active funds. Figures include only unaffiliated mandates.

Source: FUSE Research Network, Morningstar