RJ and Makay

According to the September 9^th release of Russell Investments’ Financial Professional Outlook, a quarterly survey of U.S. financial advisors, half of the polled respondents said they would like fewer clients than they currently manage.

The average client base for respondents is 392 customers, which is more than participants like to manage. Citing, instead, an ideal base at 210 to 240 clients; the average desired client base being 21.

The 43% of advisors who indicated they wanted to grow their client base were operating with lists averaging only 140 clients and these respondents wanted to increase to about 238 clients.