Rydex by no means plans to abandon its RIA clients. In fact, Farragher said the firm is aiming to significantly bolster its RIA ranks, which account for approximately 6.5% of the RIA population.

"I'd like to double subscriptions. I'd like to see if we can't, in two to two-and-a-half years, double the number of advisors who put their money with Rydex," Farragher said.

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