Cerulli Report

Independent and Hybrid RIA Channels Lead in Advisor Headcount Growth


Author: Marcelo Soba

  1. Independent and hybrid registered investment advisors (RIAs) experienced the largest year-over-year advisor headcount growth rate, a trend that holds true over five- and 10-year periods
  2. By 2027, Cerulli projects the channels will control nearly one-third (31.2%) of intermediary asset marketshare, continuing the trend of advisors and assets moving to these channels