If you’ve wondered how one RIA stacks up against another (at least with reference to the firm’s AUM) then you’re not alone. Which is why InvestmentNews has added this important data to its invaluable new series of data dashboards.
Valuable competitive insights are available from the Investment News’ “Assets Under Management Per Firm” dashboard, which is updated monthly. In addition to AUM figures, detailed employment data on over 9,000 US-based investment firms are also provided and updated monthly from US Securities and Exchange Commission (SEC) filings.
This comparison excludes firms with fewer than 10 investment advisory functions. These smaller firms, despite having billions of dollars in AUM according to SEC filings, likely centralize their decision-making to affiliates or delegate it to third-party managers. Notably, firms included in this analysis – those with at least 11 advisory functions – may also engage outside managers for certain decisions. “Advisory functions” are activities conducted by an investment advisor who offers guidance to clients on investment decisions.
Insiders say the Wall Street giant is looking to let clients count certain crypto holdings as collateral or, in some cases, assets in their overall net worth.
The two wealth tech firms are bolstering their leadership as they take differing paths towards growth and improved advisor services.
“We think this happened because of Anderson’s age and that he was possibly leaving,” said the advisor’s attorney.
The newly appointed leader will be responsible for overseeing fiduciary governance, regulatory compliance, and risk management at Cetera's trust services company.
Certain foreign banking agreements could force borrowers to absorb Section 899's potential impact, putting some lending relationships at risk.
How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave
From direct lending to asset-based finance to commercial real estate debt.
