Pre-Order Your Copy of the 2010 Moss Adams/InvestmentNews Financial Performance Study of Advisory Firms
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Methodology
RIA Database RIA firms based on discretionary assets under management as defined by the Securities and Exchange Commission and reported as of March 31, 2010. Firms were included based on the following criteria:
1. Greater than 50% of their business must serve the retail marketplace.
2. They must provide financial planning services or portfolio management for individuals, or conduct due diligence on third-party advisers.
3. They must not be doing business as a broker- dealer.
4. They must not charge commissions, and must not have registered representative employees at the firm.
5. The RIA firm must provide wealth management services.
6. A dominant portion of the RIA business must not be managing proprietary products.
Source: RIADatabase.com