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Cerulli projects contraction in number of advisors

Assets managed by dually registered advisors will grow by a 13.7 CAGR to $1.8 trillion in 2016 from $1.1 trillion in 2012.
Assets managed by dually registered advisors will grow by a 13.7 CAGR to $1.8 trillion in 2016 from $1.1 trillion in 2012.

The force of the financial advisory field will decline by 8 percent by year-end 2017, according to a new report.

Cerulli Associates discloses this finding in “Intermediary Distribution 2013: Product Distribution in a Shrinking Industry.” The study focuses on financial products and distribution, including market-sizing, advisor product use and asset manager sales forces.

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Nichole Morford

Nichole Morford
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