Optimism Permeates the Wealth Management Market

New York, NY, April 20, 2011 – Wealth management firms experienced strong growth, a renewed flow of new clients and productivity levels that are close to or exceeding pre-economic crisis levels – just a few of the key findings from AdvisorOne.com’s Top Wealth Managers Quarterly Pulse Survey based on fourth quarter, 2010 results.   Summit Business Media’s AdvisorOne.com is the ultimate online destination for financial advisors.

One-hundred and sixty-two of the nation’s premier wealth management firms participated in the Q4 2010 Pulse Survey. Registered investment advisor (RIA) firms that have their own SEC or state registration and $50 million or more in assets under management (AUM) are eligible to participate in the survey.  The Top Wealth Managers Survey & Rankings program includes a more comprehensive annual survey, and three quarterly “pulse” surveys.

“It is wonderful to see these Top Wealth Managers and their clients thrive again. They are recruiting, and recognize the tie between retaining staff and bringing in new clients – which is so often a result of referrals from happy, current clients,” says Kathleen McBride, Wealth editor-in-chief at AdvisorOne.com. “We look forward to the findings of our annual Top Wealth Managers Survey, going on now, and the rankings that follow.”

Highlights from the Q4 Top Wealth Managers Survey include:

  • Wealth management firms reported a 20.1% growth in AUM in 2010, and the first time since 2007 that this survey is reporting double-digit percentage growth in new client additions.
  • 2010 results have rekindled optimism across the industry as firms of all sizes are projecting revenue growth of between 15.8% - 19.7%.
  • While large firms have an advantage, all sizes of registered investment advisor firms have done very well in terms of productivity.

Visit AdvisorOne.com for complete coverage of the survey results and findings, and a look at the quarterly rankings of Top Wealth Managers. The annual and quarterly Top Wealth Managers Surveys are announced in the Inside Wealth Management newsletter. Subscribe (at no cost) here for alerts about upcoming surveys and the rankings.


About AdvisorOne.com

AdvisorOne.com delivers content and data assets from Summit Business Media’s Investment Advisory Group, including Investment Advisor and Research magazines, combined with contributions from industry experts, and relevant content aggregated daily from trusted partners. AdvisorOne.com features all the news, in-depth analysis, market data and tools advisors need to transform their business – and their bottom line. For more information, visit AdvisorOne.com.


About Summit Business Media

Summit Business Media is the leading B2B media and information company serving the insurance, financial services, legal and investment advisory markets.  Summit strives to be “The Next Generation of Business Information” for executives and practitioners by providing breaking news and analysis, in-depth practice management strategies, business-building techniques and actionable data.  Summit services the information needs of its customers through numerous channels, including digital, print, and live events.  For more information, please visit summitbusinessmedia.com.



Kathleen M. McBride, AIF

Wealth Editor-in-Chief





Reprints Discuss this story
We welcome your thoughts. Please allow time for your contribution to be approved and posted. Thank you.