A research finds advisors anticipate raising their ETF allocations to 25.5% by next year, surpassing their projected mutual fund allocations for the first time.

A sharp increase in advisor allocations to ETFs is playing a key role in expansion of the US ETF market, said Cerulli Associates in its report ' Cerulli Edge—U.S. Product Development Edition' published on Wednesday.  The research underscores a pivotal role financial advisors are playing in the expansion of the US ETF market, which has now surpassed US $11 trillion in assets. The firm attributes this growth not only to favourable market conditions and organic inflows t