01.17.25

Survey Exposes Split Between RIAs and Enterprise Advisors

by: Leo Almazora

A survey by Envestnet reveals how enterprise advisors and registered investment advisors (RIAs) are prioritizing specific areas to improve client outcomes and grow their practices. The analysis identified common priorities for both: addressing underperforming products and utilizing tax-loss harvesting to mitigate tax burdens. Enterprise advisors cited life insurance gaps as their third key priority area, reflecting an increased focus on holistic financial planning. In contrast, flagging high-fee products took third place on RIAs' insight rankings, highlighting a push toward cost-efficient investment solutions for clients.

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