While the flexibility of independent advisory models is drawing advisors in, a lack of trust in large financial institutions may be pushing investors away from big Wall Street firms and into the arms of independent advisors.

This push-and-pull effect has advisors and clients gravitating toward the RIA and dually registered advisory channels – a trend that is expected to continue in coming years as independents gain marketshare, according to a recent report from Boston-based global analytics firm Cerulli Associates.

Register or login for access to this item and much more

All Financial Planning 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