The latest RIA Benchmarking Study offers a comprehensive look at the state of the RIA industry, covering critical topics such as asset and revenue growth, client acquisition, products and pricing, staffing, compensation, marketing, technology, and overall financial performance.

We’re proud to share that AlphaCore CEO Dick Pfister was featured in this study, providing insights on how firms can navigate growth and operational challenges in today’s dynamic market.

Key findings from the study include:

• Strong Industry Growth: RIA firms of all sizes saw remarkable progress in 2024, with assets under management (AUM) increasing 16.6%, revenue up 17.6%, and client growth up 4.8%.
• Organic Growth Drives Performance: Organic growth – growth excluding market performance – was a major contributor, particularly for top-performing firms, where it accounted for 12.5% of overall asset growth.
• Capacity and Operational Focus: Firms are signaling capacity constraints, highlighting the growing importance of technology and operational improvements to maintain efficiency and scale.
• AI Adoption Rising: The use of Artificial Intelligence (AI) is expanding, with 68% of firms reporting some level of AI integration to enhance efficiencies, innovation, and client service.
• Staffing and Recruitment Remain Priorities: With 78% of firms hiring in 2024, recruiting and retaining talent continues to rank among the highest strategic priorities.

The insights from this study provide valuable guidance for RIAs seeking to balance growth, innovation, and operational excellence in a competitive market. Dick Pfister’s perspective underscores the importance of strategic planning, technology adoption, and team development as drivers of success.

Read the full RIA Benchmarking Study: RIA Benchmark Study 2025