More and more financial advisers are turning to exchange-traded funds to build the core of their client’s portfolios, The Wall Street Journal reports.

Once satellite tools, the proliferation of ETFs and companies that sponsor them has made using them as the backbone of their clients’ accounts far simpler.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.