Advisor Innovations: Asset Management Pioneer Bruce Bond on the Story Behind Innovator ETFs
Wealthmanagement.com Advisor Innovations with David Armstrong, Editor in ChiefShow Notes
In this episode, David Armstrong is joined by Bruce Bond, CEO and co-founder of Innovator Capital Management, a pioneer in the ETF industry and three-time WealthManagment.com Industry Award winner, to discuss pushing boundaries within the ETF market, diving into where the ETF business is going and how advisors are using ETFs in their client portfolios.
Bond discusses:
The problem Bond and co-founder John Southard were looking to solve with Innovator’s Buffer ETFs, which limit the upside potential on market gains while setting a floor on the downside, and how advisors are using them.
Why the ETF is a better wrapper for the investment strategy that typically was found in a structured product offering from the largest investment houses.
Bruce’s outlook for the markets, and how the volatile turn in equities is accelerating asset flows this year into the Buffer ETFs.
How the Buffer ETFs prompted a number of imitators to launch their own versions of defined-outcome ETFs.
Which asset classes are on the white board at Innovator headquarters for the next ETFs.
The story of how Innovator’s hometown of Wheaton, Ill., became the hotbed of ETF innovation, starting with Unit Investment Trust managers from Nuveen and Nike Securities, now First Trust.
Connect With Bruce Bond:
Bruce Bond
Innovator ETFs
Connect With David Armstrong:
WealthManagement.com
LinkedIn: Informa
LinkedIn: David Armstrong
About Our Guest:
Bruce is co-founder and CEO of Innovator Capital Management. Having cofounded PowerShares Capital Management in 2003, he is recognized as one of the pioneers of the ETF industry. His leadership, creativity and entrepreneurial vision challenged the conventional thinking about ETFs and blazed a trail that made way for the massive growth of what is known today as smart or strategic beta. In addition to being recognized for best-in- class products, Bruce has been named the ETF industry’s most influential person on multiple occasions. He is a thought leader and has been quoted in financial publications around the globe.
More from Wealthmanagement.com Advisor Innovations with David Armstrong, Editor in Chief
After a summer break, the Advisor Innovations podcast is back. In the new season’s inaugural episode, David Armstrong, director of editorial strategies at Informa Connect’s Wealth Management group, is joined by Rick Wurster, the president of the Charles Schwab Corporation, along with Bernie Clark, managing director and head of advisor services. The conversation was held on the eve of the firm’s Impact conference, and weeks after the final Labor Day marker which concluded the conversion of $1.3 trillion in TD Ameritrade assets, including those from some 7,000 advisory firms, into Charles Schwab, making the firm the dominant custodian to independent advisors.
Tim Maurer is a financial advisor and author who most recently took on the role of Chief Advisory Officer at SignatureFD. In this episode of the Advisor Innovations podcast, Maurer talks with David Armstrong about what, exactly, a Chief Advisory Officer does, and how he sees the lessons of life planning and qualitative financial advice being tactically implemented in advisor-client relationships.
For many advisors, Larry Swedroe needs no introduction; He’s the author of numerous books on investing, a frequent columnist in advisor publications, including Wealthmanagement.com, and the Head of Financial and Economic Research at Buckingham Strategic Wealth, one of the largest RIAs in the country.
Advisors have long been aware that the better they know the client, the better client experience they can provide. Advisory boards and feedback surveys have been around forever to give the advisor some guidance over how to better engage with clients and prospects.
Mark Miller is a career journalist who digs deep into the world of retirement planning, social security, medicare and the state of retirement “readiness” among people nearing the goal line. Miller has written regularly for The New York Times, Reuters, Morningstar and has been a long-standing columnist for Wealth Management magazine and WealthManagement.com. He is the author of the recently published Retirement Reboot: Commonsense Financial Strategies for Getting Back on Track. In this episode, Wealth Management editor David Armstrong speaks with Miller about the challenges of retirement planning from both an advisor’s and client’s perspective.