RIA Benchmarking Study: Actionable insights, year over year

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Benjamin Dickey, of Resonant Capital Advisors, describes how the RIA Benchmarking Study from Charles Schwab is an objective and reliable source to measure themselves and make good decisions.

Learn more about the RIA Benchmarking Study

 

Resonant Capital Advisors is a client of Schwab and was not compensated for their comments.  The experience described may not be the experience of all clients and is not a guarantee of future performance or success.

About the RIA Benchmarking Study from Charles Schwab

Schwab designed the RIA Benchmarking Study to capture insights in the RIA industry based on survey responses from individual firms. The study provides information on topics such as asset and revenue growth, sources of new clients, products and pricing, staffing, compensation, marketing, technology, and financial performance. Since the inception of the study in 2006, more than 4,500 firms have participated, with many repeat participants. Fielded from January to March 2023, the 2023 study contains self-reported data from 1,300 firms that custody their assets with Schwab and represents over $1.7 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. Participant firms represent various sizes and business models. They are categorized into peer groups by AUM size. The study is part of Schwab Business Consulting and Education, a practice management offering for RIAs. Grounded in the best practices of leading independent advisory firms, Business Consulting and Education provides insight, guidance, tools, and resources to help RIAs strategically manage and grow their firms.

For general informational and educational purposes only.

The quotes and individuals listed are clients of Schwab. These clients were compensated by Schwab for comments and have an incentive to promote Schwab. The experience described may not be the experience of all clients and is no guarantee of future performance or success. Investing involves risk including loss of principal.

The above mentioned firm and their employees are not affiliated with or employees of Schwab unless otherwise noted. Mention should not be construed as a recommendation, endorsement of, or sponsorship by Schwab. The views expressed are those of the third party and are provided for informational purposes only. Experiences expressed are no guarantee of future performance or success and may not be representative of you or your experience.

Schwab Advisor  Services™ provides custody, trading, and the support services of Charles Schwab & Co., Inc. ("Schwab"), member SIPC, to independent investment advisors and Charles Schwab Investment Management, Inc. ("CSIM").  Independent investment advisors are not owned by, affiliated with, or supervised by Schwab.

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