With IRA inflows as tailwind, RIAs are taking over U.S. pension assets by the trillions as second act to 35 years of ransacking wirehouse talent and booty
Rollovers to individual retirement accounts hit a net $444 billion in 2021, Cerulli reports; advisors got 63% and the 401(k) cow is only going to get more productive.
Author Oisin Breen
February 9, 2023 at 5:23 AM
Brooke Southall and Keith Girard contributed to the editing of this article.
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Top Executive: Kurt Cerulli