Assets under management jumped last year, report says

03/12/2013 | Financial Advisor online · Wall Street Journal, The

Assets under management by U.S. and Canadian financial advisers rose in 2012, but their commissions and fees didn't keep pace, according to PriceMetrix. The average adviser's assets under management increased 9% to $80.8 million year-over-year. Their average revenue for the same period increased 2% to $550,000, while revenue on assets declined by 3%, according to the study.

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Financial Advisor online · Wall Street Journal, The

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