NEWS AND INSIGHTS FROM FINTRX
FINTRX - the leading family office and RIA database provider - has compiled the Monthly Registered Investment Advisor (RIA) Data Report to provide a high-level synopsis of the RIA landscape for May 2022. Explore metrics such as registered entities and contacts, alternatives used, assets under management, representative breakdown, RIA services provided, and more...
Of the 5,141 Reps/Contacts added to our dataset in May, 83% of them registered as Broker-Dealers, 9% as Investment Advisors, 6% as Owner-Only Contacts, and 2% as Dually Registered.
A majority (88%) of RIA firms added to our platform in May are micro-sized groups, followed by small-sized firms at just 7%.
Registered investment advisors often provide an array of financial and investment services to their clients. As you can see, 78% of RIAs offer portfolio management for individuals and small businesses. Financial planning services followed at 56%. Additional services include the selection of other advisors, portfolio management for businesses and institutions, pension consulting services, educational seminars, and several others. It's important to note that each registered firm can and often has more than one service offered.
The following chart shows the top alternative investments used by registered investment advisors throughout May 2022. As you can see, 58% of firms utilizing alternatives (added to our platform in May) invest in Real Estate. It's important to note that each registered firm can and often utilize more than one alternative investment.
FINTRX provides comprehensive data intelligence on 850,000+ family office & investment advisor records, each designed to help you identify, access, and map the private wealth ecosystem. Explore in-depth dossiers on each family office & investment advisor. Access AUM, source of wealth, investment criteria, previous investment history, sectors & industries of interest and advisor growth signals, among other key data points.
Additionally, FINTRX provides insight and expansive contact information on key decision-makers, featuring job titles, direct email addresses, phone numbers, common connections, alma maters, past employment history, brief bios & much more.
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June 06, 2022
Renae Hatcher is a member of the marketing team at FINTRX - focused on delivering targeted & relevant family office and registered investment advisor content to our subscribers.