RIAs

According to a survey, a majority of advisors say clients want financial planning advice.

As the race to rake in breakaway brokers continues to heat up, it seems that independent broker-dealers, are failing to spend on the areas of technology that matter most to independent advisors: customer relationship management and integration.

Financial advisors are looking forward to 2010. In fact, 68% of advisers recently surveyed define their 2010 business mindset as one of acceleration and growth.

Advisors believe many Americans could need double or triple their savings targets.

Less than half of advisors bill for advice on outside accounts.

Robust deal activity seen in the sector

Some advisors say selling the firm should not always be the main objective.

Cambridge Investment Research’s 1,600 financial advisors are independent contractors who run their own businesses nationally, but legislation introduced in both the House and Senate has threatened that model.

With investor trust declining it may seem like a bad time to launch a new asset management firm, but that’s exactly what Balentine has done.

The business model for independent brokerage firms is under threat, calling into question the livelihood of over 178,000 registered representatives.