Packaged Portfolios Have Outperformed Advisor-Driven Portfolios Over Past 5 Years

New research from global analytics firm Cerulli Associates finds that over the past five years, packaged portfolios have outperformed advisor-driven portfolios. "Currently representing nearly $900 billion in assets, packaged portfolios have become incredibly popular," states Frederick Pickering, research analyst at Cerulli. "Much of the success of packaged portfolios has been…