Defying the challenges posed by the pandemic, the investment adviser industry continued to experience record-breaking growth with close to 14,000 Security and Exchange Commission (SEC) Registered Investment Advisers (RIAs) managing $110 trillion in assets for 60.8 million clients.
Those are among the topline findings of the Investment Adviser Industry Snapshot 2021, the re-imagined “Evolution Revolution” report published for the past 20 years by the Investment Adviser Association (IAA) and National Regulatory Services.
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