January 9, 2018
RIAs expect faster asset growth in 2018
Advisers also see another good year for equities, TD Ameritrade survey finds

RIAs expect faster asset growth in 2018

January 9, 2017 | InvestmentNews

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The majority of RIA firms — 78% — expect their assets under management to rise in 2018, with nearly half saying assets will grow faster than in 2017, according to a telephone survey of advisers conducted for TD Ameritrade.

Registered investment advisory firms surveyed said their revenues grew, on average, by 15% during the second half of 2017, while assets under management grew by 16%. Sixty-five percent of RIAs gained new clients last year, for an average growth rate of 16%.

To keep pace with the growth and enhance the client experience, RIAs predict they will make their…

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