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Revenues and assets within Schwab Advisor Services and the RIA channel have surpassed 2007 pre-meltdown levels, and the advisory industry can look forward to a new era of growth, according to the Charles Schwab 2011 RIA Benchmarking Study, the largest survey of its kind.

Independent financial advisors (FAs) are generally feeling very good about the securities markets and economy, suggests a recent survey by Charles Schwab.

Among more than 1,300 independent FAs surveyed, 77% expected the S&P 500 to rise in the next six months — a 14-point improvement since the last Schwab survey in July. Similarly, 56% of respondents described themselves as bullish on the stock market six months out while only 10% said they're bearish.