Turnkey Asset Management Platforms (TAMPs) Help Advisors With Outsourced Investment Management

Turnkey Asset Management Platforms (TAMPs) Help Advisors With Outsourced Investment Management

Many consumers believe that an advisor’s job is to pick investments and manage portfolios. A recent article by Morey Stettner highlights that outsourcing trends indicate that more advisors are outsourcing their investment management so they can spend more time providing their clients with a broader scope of services, including retirement, taxes, insurance, household finances and life events such as divorce or charitable giving strategies. TAMPs, or turnkey asset management platforms, which now boast nearly 200,000 adviser clients assist advisors with portfolio management services from third party managers (such as ETF Model Solutions). Learn more about this trend and how advisors view outsourcing at Investors Business Daily.