AdvisorShares partners with third party financial advisers who already manage clients’ assets to package their investment strategy using exchange-traded funds.

As part of promoting its funds it also provides educational support to help financial advisors and investors understand actively managed ETFs and their underlying investment strategies.

[3][4] Three former Rydex employees, Noah Hamman, Jacob Griffith and Joseph Barrato founded Arrow Funds in February 2006.

In January 2009, Arrow Funds requested a hearing with the SEC to challenge AdvisorShares' application for exemptive relief filed the previous month.

Arrow and their counsel claimed that Hamman "To enable the Application to proceed, deliberately thwarted and delayed the selection of the Arbitration tribunal members.

"[9] The judge even speculated on a possible motivation for filing the suit: "And, although Hamman might be disappointed that he has been ousted from the management of a company he helped establish,"[10] The firm launched its first active ETF in 2009.

[23] In May 2012, AdvisorShares launched the AdvisorShares Global Echo ETF NYSE: GIVE on the New York Stock Exchange focused on sustainable investing; the fund also said it would donate a portion of the fund expense fees to Global Echo Foundation, a nonprofit co-founded by Philippe Cousteau, Jr. focused on social issues impacting women and children to environmental conservation, as well as supporting social entrepreneurship.

One potential concern investors may have had about investing in GIVE is that they didn't get a tax write-off for the portion of the management fee that was donated to the charitable foundation.

Tim Gramatovich was the Chief Investment Officer of Peritus and managed the fund with Ron Heller (tight end).

[29] On June 22, 2018, Exchange Traded Concepts in conjunction with Eve Capital, announced the transfer of HYLD to the ETC ELF Trust.

The Fund sought to achieve this objective by investing in stocks with liquidity and fundamental characteristics that are historically associated with superior long-term performance.

The TrimTabs Float Shrink ETF had earned a coveted five-star Morningstar rating by delivering annualized returns of 19.22% as of March 31, 2016.

"This is insane", TrimTabs CEO Charles Biderman said of the firing, "They came up with no reason, no nothing.” Charles Biderman claimed that it was nearly impossible for Wilshire to replicate TrimTabs stock selection methodology and his first move after the firing was to open a separately managed account with a lower minimum investment and lower fees than TTFS.