The Rummage Group breaks the industry into firms, models and types. There are about 2,000 broker dealers and over 10,000 RIAs that employ financial advisors. Making up these firms are about 10 models; wirehouses, regional firms...
Financial advisors optimism in the economy and the markets fell only slightly during March, according to Wealthmanagement.com’s Advisor Confidence Index, but still remains in positive territory.
Financial advisors say their optimism over the state of the economy and the future of the equity markets, while still positive, has waned in the past month.