Smaller Asset Managers Like This One in Delco Get Crazy, Creative to Stay Competitive with the Big Boys

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Image via Alpha Architect.

Smaller asset managers like Alpha Architect in Broomall are getting creative as they find ways to compete with the bigger, mainstream companies like BlackRock, Vanguard, and State Street Corp., writes Claire Ballentine for Bloomberg.

Alpha Architect manages about $420 million in assets and is no stranger to Twitter, blog posts, and podcasts to help stay competitive.

“When we write a post, that’s really the lifeblood of what we do,” said Wes Gray, the Delco firm’s founder. “We use Twitter as a way to interact with people.”

Gray has more than 30,000 followers on Twitter.

It’s a tough landscape. The Big Three companies account for 82 percent of assets in U.S. ETFs.

Many smaller issuers hope to stand out with niche investments such as cannabis, social media, video games, or robotics. Sometimes that means getting wacky to make a splash.

It can mean oddball celebrities, charity giveaways, and even astronaut costumes.

Read more about how smaller asset managers are competing with the big players at Bloomberg here.

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