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Number of investment advisors hits record high

advisors record high

Employment at advisory firms also reached a record, while assets under management declined in 2022, according to an annual study by the Investment Adviser Association and National Regulatory Services.

The number of investment advisors reached an all-time high in 2022, as did total employment in the sector, even as assets under management declined, according to an industry study released Thursday.

The Investment Adviser Association reported that there were 15,114 investment advisors registered

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