Entries tagged with “wealth-management”
Special Reports
1 special reports found for wealth-management:
- Exploring the Rise and Impact of US RIA
There has been a global shift in recent times to clean technology as advancements in electric vehicles (EVs), as well as solar and wind energy, gain momentum. However, there are several limitations in the existing energy-storage mechanism. Lithium-ion batteries are primarily used for energy storage, but lithium is scarcely available and highly expensive. Additionally, such batteries are relatively unsafe, and there have been several reports of batteries overheating and bursting. Sodium and zinc batteries are good alternatives to overcome these issues. Both metals are more widely available than lithium and cost less. However, their lower density means that sodium and zinc batteries would be larger and heavier. Therefore, such batteries could be used in applications where stationary energy is possible or in EVs, with limited mobility. Startups and well-established firms are making significant investments in the development of sodium and zinc batteries and are likely to reap strong returns.
In the ever-evolving landscape of personal finance, individuals seek not only financial stability but also strategic guidance to optimize their investments. This is where Registered Investment Advisors (RIAs) emerge as key players in the financial ecosystem. RIAs, regulated by the Securities and Exchange Commission (SEC) or state authorities, offer personalized financial advice and comprehensive wealth management services, putting the client's interests at the forefront. In the dynamic landscape of financial advisory services, the United States takes center stage as the epicenter of Registered Investment Advisors (RIAs). With over 96% of RIA firms based in the U.S., their influence extends globally, managing an impressive 90% of the world's managed assets. In 2022, the sector, consisting of 15,114 advisers overseeing $114.1 trillion for 61.9 million clients, experienced a growth of 2.1%. Despite challenges from an unstable global economy causing a decline in assets under management for the first time since 2008, Registered Investment Advisors (RIAs) persevered and maintained their success. The RIA industry is witnessing transformative trends, characterized by a robust merger and acquisition market, the emergence of new industry players, advancements in AdvisorTech, and evolving client expectations.