Advisors Are Piling Into the RIA Channel. That May Not Be a Good Thing

Advisors Are Piling Into the RIA Channel

The independent channel is experiencing growing pains as advisors migrate from traditional brokerage.

Mergers and acquisitions, backed by private equity investors, have created categories like aggregators, roll-ups, and mega RIAs.

the independent channel is beginning to look a lot like Wall Street

This trend is forcing innovation, with breakaway advisors getting creative.

Author's summary: Advisors flock to RIA channel, sparking growth and change.

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The Daily Upside The Daily Upside — 2025-10-26

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