While 2020 flows were aided as fixed income and commodities ETFs punched above their weight, 2021 flows have been driven by already record demand for equity ETFs.
Exactly 50 years ago on July 1, Mac McQuown and his team of academics created the first-ever index fund -- an innovation that would take a sledgehammer to the money-management establishment and evolve into a more than $11 trillion industry.
The ESG portfolios are under the same pricing structure as First Ascent's other portfolios for advisors; a direct indexing offering is also in the works.
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