Wealth Management of Manglement

One of the most bearish charts out there is an advertizement from Personal Capital showing they now manage over one billion dollars in client funds.  An almost exponential leap in participation has them all giddy but the story is really about the set up that has been taking place for all those willing to manage their own wealth with ETF products.  Scary down may emerge despite the Fed and Treasury arsenal and then all will be exposed to the ugly side of personal wealth management.