One notable advantage of Vident Financial is its below-average fees. On average, the firm's open-end and exchange-traded fund fees fall in the lowest quintile of category peers. With an average tenure of seven years among the longest-tenured managers at Vident Financial, the firm is on par with peers. Seasoned teams tend to have more experience to draw upon should they need to weather turbulent market conditions. Portfolio management turnover at Vident Financial is higher than at peer firms, detracting from the overall assessment of the firm's stewardship. Turnover in the portfolio-management ranks can happen for a number of reasons, including mergers and liquidations, portfolio managers moving into other roles, or portfolio managers leaving the firm. In some cases, such change may not signal a serious or immediate problem at the firm, but can still be disruptive for investors, hinder the effectiveness of a firm’s investment processes, or suggest a weaker investment culture.
In a competitive industry, Vident Financial does n't differentiate itself enough, leading to an Average Parent Pillar rating.
United States