RIA Growth Will Continue at Brokerage’s Expense — Financial Advisor Magazine

February 5, 2020

The trend continues…More brokerage assets are moving into RIAs. RFG Advisory has built a turn-key platform to deliver exceptional service for independent financial advisors. We would love to show you how we can help you grow your practice and amplify your 1-on-1 client relationship.

In a new article by Financial Advisor Magazine, Christopher Robbins sheds some detail on why brokerage assets are declining at the expense of RIA growth.

The independent registered investment advisor space has grown at a much faster pace than other wealth management channels, according to TD Ameritrade, and will continue to be the most rapidly expanding segment of the industry.

Even representatives still associated with a brokerage are seeing greener pastures in the RIA space, according to TD Ameritrade Institutional’s “2020 Break Away to Independence Survey” of RIAs and brokers considering breaking away. The survey was released on Thursday at the National LINC conference in Orlando.

“RIA growth is off the charts” said Tom Nally, TD Ameritrade Institutional’s president, in his Thursday opening remarks at the conference. “RIAs have outpaced the overall market.”

Christopher Robbins, FA Magazine

Check out the full article below:

Contact:

Kristy Puckett | 205-397-2459 | kpuckett@rfgadvisory.com

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