Financial advisors at RIAs are joining forces to create mega teams as a way of coping with the growing complexity of clients' planning needs, investment products, industry technology and regulations, according to research firm Cerulli Associates.

In a report based on a survey conducted this year, Cerulli calculated the average number of total professional staff per practice at 4.5 for RIAs, compared with 3.3 in the wirehouse channel.

Register or login for access to this item and much more

All On Wall Street content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access