The universe of federally registered investment advisers continued to grow in 2017, as did the total of their aggregate regulatory assets under management (RAUM) – which now stands at a record high of $70.7 trillion.

The just-released 2017 Evolution Revolution also shows that the investment adviser profession remains a powerful provider of high-quality jobs as it evolves to meet the demands of a growing, tech-savvy client demographic.

The 17th edition of this annual joint study by the Investment Adviser Association (IAA) and National Regulatory Services (NRS), which is integrated with Accuity, paints a picture of a strong industry that has remained resilient in the midst of significant change.

Derived from Form ADV, Part 1 data filed by all SEC-registered investment advisers as of April 10, 2017, 2017 Evolution Revolution is the most comprehensive profile of advisory industry metrics available.

Download the full report for this year’s key findings.

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