While applying carpentry advice to a desk job might seem out of place, the reality is that proper, thorough research lends itself to high-quality articles. In this week’s cover story, “A rising tide in the RIA industry is lifting all boats,” senior research analyst Devin McGinley provides that proof.
Our annual custodian research generated the unique data that you have come to expect from InvestmentNews Research, but to augment that, Devin went through SEC filings to confirm survey results and his findings. And those findings were intriguing.
For instance, in response to the ballooning RIA market, LPL Financial recently repositioned its custodial offering, and that led to 53% growth in custody assets. LPL managing director Rich Steinmeier elaborates on that in the article. Also interesting is the increase in the number of solutions providers in the industry, because, as Tyrone Ross of Onramp Invest notes, no single custodian has everything an adviser might need.
These seemingly modest shifts indicate that as the relationships between clients and advisers deepen, the custodial market just might see some interesting adjustments. And it’s that extra level of research that divines these bits for our audience. You can get a glimpse of our full research suite online, and if you have an idea for custom research, reach out, we’re all ears.
Andrew is half-human, half-gamer. He’s also a science fiction author writing for BleeBot.