Cerulli Associates reports that financial advisor headcount has grown just 0.2% over the last decade to 283,137 as of the end of 2023. The wirehouse channel is losing headcount at the fastest rate ...

RIA channels continue to lead the financial advisor industry in headcount growth, racking up a 5.1% growth rate for independent RIAs and a 4.7% growth rate for hybrid RIAs over the last 10 years.