The independent financial advice channel has grown considerably over the last decade and "if you believe that is a trend, and not a fad, why would we not be doing this?" an executive said.
Odds are that with rates in general low, an expanding Fed balance sheet will have to come into play in a much bigger way in the next downturn, and the Fed will probably be slow in figuring that out. Risk assets may struggle to take solace in that.
