الإثنين, 18 حزيران/يونيو 2018 09:37

RIA AUM Surged in 2017

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(New York)

2017 was great news for the wealth management market, especially for fiduciaries. The total AUM for the RIA market grew an astounding 20% in 2017, and not all of it was because of market gains. Alongside AUM growth, revenue also increased a median of 15.8%. That led to a great deal of new hires, which correspondingly sent profit margins a bit lower. According to one wealth management market analyst at TD Ameritrade, “Clearly firms feel they are producing enough to warrant the added headcount … It’s a very good sign here in terms of firms willing to reinvest in talent”.


FINSUM: The RIA market continues to look very strong as clients keep moving in that direction.

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