ETFs, Mutual Funds, or Both? Investment Advisors Share Their Strategies.

When it comes to investment vehicles, both mutual funds and ETFs have points in their favor. Mutual funds offer more choices among active strategies, come with different share classes for different uses, and don’t involve the market spreads that come with ETF transactions. ETFs, on the other hand, carry lower expense ratios and are more tax efficient and transparent. For this week’s Barron’s Advisor Big Q, we asked financial advisors: Do you use mutual funds, ETFs, or both in building client portfolios, and why?  

Richard…