Exchange-traded funds are undeniably popular, but one in four financial advisers, 25.8%, do not use them in their clients’ portfolios, a survey of 768 advisers by Kasina and Horsesmouth found.

“Although there has been tremendous growth with this product, our survey reveals that there is still a sizeable market that has yet to adopt ETFs within their client portfolios,” said Hari Krishnaswami, product manager of FA Vision, the Kasina unit that handled the survey. “Even those advisers who have adopted this product have yet to allocate significant assets.”

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