Wirehouses
topic on 1 show · 2 statements across 2 episodes
2 statements about Wirehouses, every show
Independent RIA channel is growing assets faster than wirehouses
“We're starting to see the independent channel, which is the fastest growing part of the wealth management space. It's growing faster in terms of assets than the wire houses.”
RIAs allocate under 2% to alternatives compared to wirehouses' 10-15%
“What's interesting though, however, and where the opportunity is, is that the RIA channel has allocation rates to alternative investments less than two percent. Their colleagues in the larger wealth management firms, the wirehouses, on average have allocation …”