The Biggest Threat to Firms That Serve the Wealthy
Among a wide range of findings on the high-net-worth market, a Cerulli report cites a mistake that can erode a wealth manager's asset base.
HNW Investors’ Needs Differ as Wealth Increases: Cerulli
Contrary to popular notions, the wealthiest 1%–2% of American investors are a variegated lot.
Why This Is a Good Time to Be an Advisor, of Any Age
This is our annual Careers supplement, and in the pages that follow we deliver what I humbly believe are a number of articles that you will find useful in planning and executing a more successful career.
Number of RIAs Up 8% Annually Over 8 Years, Other Channels Decline
Cerulli report says breakaway brokers, lawyers and accountants fueled RIA growth in an otherwise “shrinking industry.”
Alternative Mutual Fund Assets to Reach 14% in 10 Years: Cerulli
It’s well-known that allocations to alternatives are growing at startling rates, but putting numbers to the inflows make them all the more startling.
Cerulli: Institutional Market to Grow to $19 Trillion in 5 Years
30% rise fueled by DB to DC migration, research firm says.
Cowabunga! Testing the Active ETF Wave
Actively managed ETFs are a fast-growing niche, rife with benefits and challenges.
Mission: Train Future Independents
Independent advisor Pamela Rigsby in Raleigh, N.C., was talking about the 24-year-old FA trainee she hired 18 months ago:
“I tell clients she’s a taller, thinner, younger, smarter me!” says Rigsby, 46, jovially. “She’s knocking it flat-out [of the park]. She’s doing the numbers. Headhunters call her all the time.”
Recruiting Trends: Is Now a Good Time to Move?
Before you go independent or switch firms, consider these job-market factors.
Next-Gen Advisor Crisis: Numbers to Shrink by 2017, Cerulli Says
Since peaking in 2005, industry headcount has declined by more than 32,000 advisors.