On net, the RIA channel gained 1,097 advisors and independent broker-dealers gained 923, while 1,291 advisors on net left wirehouses.
Our 2022 Best Practices consist of 11 firms — two solo practices and three firms in each ensemble category — that were the highest achievers in these metrics.
For those considering moving to a foreign country when they retire to stretch their savings, here are the top locations.
High inflation, poor market returns, rising interest rates and their anticipated impact on the economy may have advisers staying put.
Advisers surveyed preferred that Republicans control Congress when it convenes in 2023 by a margin of 60% to 25%.
While advisers may not expect anywhere near the market growth over the next year that investors enjoyed in 2021, many advisers believe they’ve already seen the bottom this year.
Volatile markets may be holding recruiting activity back from its breakneck pre-pandemic pace but mergers and acquisitions have more than rebounded from the 2020 low.
Remote work could be a double-edged sword for advisers in cities poised for growth in population and wealth, providing a local opportunity on one hand, but new competition from virtual advisers on the other.
The pace of industry recruiting has remained lower since the onset of the pandemic and the work-from-home policies and travel restrictions that followed.
The trend of breaking away seems to have intensified a year after most employee-advisers were suddenly left without the resources or supervision of daily office life.