Surprising trends in the advice businessPosted by RJ and Makay on Mar 23, 2011 |
Financial professionals might be interested in an InvestmentNews report about a poll by Advisors Trusted Advisor, which recently uncovered some surprising trends in the financial advice industry. Of the 262 advisors polled, more than half were at fee-only firms, a quarter worked as independent reps, and the rest were employed by wirehouses, brokerages, banks or insurers. Survey participants had a median of about $400 million in assets under management.
Here are the seven trends the poll revealed, in descending order, just as described by InvestmentNews:
advice industry









