Last year was a good one for registered investment advisors, according to the 2011 RIA Benchmarking Study from Charles Schwab, the largest focused solely on RIAs.

Firms are managing a 13% increase in clients since before the market downturn. At $7,300 worth of revenue per client for the median firm, revenue was up from 2009’s $6,900 (although still down 13% from a 2007 high), and overall profits were up 45% on average. Most firms ended last year with more revenue and assets than ever before.

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