Summary: The number of registered investment advisors as well as the assets they manage continues to grow, with SEC-registered advisors jumping to 12,172 in 2017, a net increase of 2.7%, and their aggregate assets under management hitting a record high of $70.7 trillion, according to the Investment Adviser Association’s annual snapshot of the industry.
 Technological advancement and automation in the investment advisor industry is both a response to client needs and expectations and a driver that is expanding the client base for financial advice. This report shows that advisors have evolved and specialized their practices to reach their clients.”John Gebauer,CEO, President ,NRS |
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