Thu, Sep 29, 2022
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Number of RIAs hits record highs as assets under management grow

Friday, September 07, 2018

Bailey McCann, Opalesque New York:

The universe of SEC-registered investment advisers is on the rise and has reached record-highs this year in number of advisers, aggregate regulatory assets under management (RAUM), and employment according to a new survey from the Investment Adviser Association (IAA) and National Regulatory Services (NRS).

The number of people receiving advice from RIAs has grown by 20% over the past five years. The number of advisors has grown as well by 13.9%.

Regulated assets managed by advisers grew 16.7% from $70.7 trillion in 2017 to $82.5 trillion this year. The number of advisers that reported managing over $100 billion in RAUM increased 18.6% to 147 following last year's 2.5 % increase. Despite accounting for only 1.2 percent of SEC-registered advisers, these 147 firms collectively managed 59.2% of all reported RAUM.

"Fueled by baby boomer demographics and the decline of defined benefit retirement plans, the demand for trusted and personal investment advice continues to grow," said NRS President John Gebauer.

Several segments of the industry are growing faster than others. The largest investment advisers, those that manage more than $100 billion in regulatory assets under management, grew at a faster pace than smaller advisers in terms of both number and RAUM. Use of alternatives is growing as well - private equity funds make up 38.5% of all reported private funds while hedge funds represent 31.7%.

Private equity has t......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: Castle Hall's DiligenceExchange free Transparency Reports cover 100 managers with $10tn of assets[more]

    Matthias Knab, Opalesque for New Managers: Managers and investors can get free access to DiligenceExchange here: https://bit.ly/DXCInfo Castle Hall, the Du

  2. Other Voices: ESG exuberance is at all-time highs. But will investors buy?[more]

    As investors increase their focus on mission-based investing, they continue to grapple with ESG and what it means to them. By David Shalom, Director of Capital Introductions at Pershing Innovation. New investment solutions. That's how managers deliver value and attract new inve

  3. Opalesque Exclusive: This European mezzanine debt strategy offers equity-like returns with downside protection[more]

    B. G., Opalesque Geneva for New Managers: Mezzanine financier SIG-i operates in a relatively uncrowded space by proactively manufacturing financing solutions as an alternative to traditional debt and equity instrume

  4. Opalesque Video: Systematic Japan strategy follows the 'Keep it Simple' rule[more]

    B. G., Opalesque Geneva: For those looking to invest in the current opportunities underlying managed futures in Japan, here is a strategy that does just that, with the benefits of leverage, shorts, Big Data, proprietary technology, and academic research on market psychology. K2Q Capital'

  5. Opalesque Exclusive: How blockchain is helping the small guy invest in hedge funds[more]

    B. G., Opalesque Geneva: ADDX, Asia's largest private market exchange, is on a mission to democratise the private capital markets through blockchain and smart contract technology. With these technologies, the exchange can eliminate manual interven