 Their financial success reduces the burden of financing, and the scale of their operational infrastructure makes it easier to service additional clients."Kenton Shirk, associate director, Cerulli Associates. |
Mega Teams Control 42% of Advisory Market: Cerulli
Melanie Waddell | Think Advisor, April 2014
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Summary: Mega advisor teams with $500 million or more in assets under management control 42% of advisory marketshare, and are best poised to attract high-net-worth clients, according to a new report by Cerulli Associates.
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