Topic

Registered Investment Advisors

Advisory firms registered with the SEC or state regulators that charge fees for investment management and planning under a fiduciary duty, often without broker-dealer affiliation or commission revenue.

Current clusters

invest1 publisher

RIAs added 4.5 registered reps for every one the banks lost since 2021

Bank fee hikes on trust work are a real exit signal for advisors with mass-affluent books, but the asset share it moves is 0.6 percentage points a year, and most of the RIA channel's headcount came from somewhere other than banks.

Publishers:americanbanker.com

Reality

Evidence46
Adoption62
Hype gap+27
Incentives74
Confidence54