For the second year in a row, ETFs topped the popularity list among financial planners, with 83% of advisors indicating that they currently use ETFs or are recommending them to clients in a recent survey.

Not only that, many of the respondents say they plan to increase their use of ETFs next year. This contrasts sharply with mutual funds, the standby product of personal finance for decades, which found favor with a relative minority of advisors.

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