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Schwab redefines RIAs in its M&A study but experts say further refinement is needed

Registered Investment Advisors have $50 million of AUM and serve HNW investors

Author Brooke Southall August 18, 2011 at 4:33 AM
3 Comments
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David DeVoe: The new methodology ... removes institutional RIAs, such as hedge funds, mutual funds and separate account managers

David Selig

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David Devoe


Jeff Spears

Jeff Spears

August 18, 2011 — 5:58 PM

I’m always suspect of AUA #'s. The only true AUA #'s are on SEC Regsitered ADVs. Most of the breakaway broker assets are inflated custody assets NOT fee based RIA assets.

Still more wood to chop, but a step in the right direct.

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June 26, 2014 — 7:50 AM

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June 26, 2014 — 9:16 AM

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Mentioned in this article:

DeVoe & Company
Consulting Firm
Top Executive: David DeVoe



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