RIA Assets Shrinking
November 10, 2009 by MoneyElement · Leave a Comment
The annual reports of IAA and NRS revealed that the total number of SEC RIAs has grown 2% to 11,257 however the their assets under management shrunk 20% after reaching over $42 trillion back last year. We see growth in the amount of smaller firms in the RIA world however they are now looking at [...]
