ETF Industry Might Be Growing Too Fast

Still think you have a lot to learn about ETFs? If so, there's no need to feel embarrassed -- so does your investment adviser. Some 300 financial advisers attended last week's Inside ETFs conference, which was sponsored by Index Publications and Financial Advisor Magazine, and some clearly felt it was too advanced.

This was apparent during the question and answer session at the conclusion of the first session, titled "The Past, Present and Future of Exchange Traded Products." One member of the audience complained that the panelists led a "graduate-school level session," while he had been looking for "ETFs 101."