Financial advisors within the RIA community perhaps are where the institutional investor community was two decades ago. As interest in hedge funds among individual investors is picking up, the education, investment structures and platforms are just now coming to the fore.
“On some level the institutional investment into alternatives has not gained as much ground as of late,” said Aaron Steinberg, head of prime service sales at BNY Mellon | Pershing. “They often change managers and allocations, but the overall amount stays pretty steady.”
He adds . . .
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