2022 RIA Compensation Report

Talent continues to be top of mind for independent advisory firms and it will continue to be one of the most prominent issues for the industry going forward. This year’s study highlights growth and business performance and how talent will be a top strategic priority to continue momentum for RIA firms.

Key findings

  • As firms hire to support growth and client needs, talent is the top strategic priority for RIAs.
  • A compelling employee value proposition is essential to attract, motivate, and retain top talent.
  • Building an inclusive workplace is smart for business.

About the report

Fielded from January to March 2022, the study contains self-reported data from 1,218 firms that custody their assets with Schwab or TD Ameritrade and represents $1.8 trillion in assets under management, making this the leading study in the RIA industry. Schwab did not independently verify or validate the self-reported information.

Media contact: Kristin Meza

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