Outlook On TAMPs and Investment Advisors in 2018

Assets in turnkey asset management programs –TAMP– have grown significantly in recent years, but with new investment options like new asset allocation models and robotics-themed portfolio tools, is there still a viable place for third-party, turnkey asset management programs at investment advisory firms in 2018? Article discusses present status of TAMPs, whether the majority of investment advisors use them or not, and whether new alternatives are edging TAMPs out of the way –or at least redefining them–. What’s your take on TAMPs as a useful advisor service and why?