The Third Annual Study of Advisory Success

BNY Mellon's Pershing

06/03/2015

The Third Annual Study of Advisory Success

Are you doing as well as your peers? How do most advisors judge business conditions today, compared to a year ago? Do advisors see new technologies like digital advice as an emerging threat, an over-hyped fad—or an opportunity for growth?

The Third Annual Study of Advisory Success—Confidence and Concern in the New Digital Age updates Pershing’s three-year series of research studies with the latest data on the health and performance of advisor's businesses. This year, our report also examines what advisors—and investors—really think about the technologies that are transforming the industry. The study discusses:

  • Which advisors are doing better than ever—and who is still maintaining the status quo
  • A shift in outlook on both the economy and practice revenue
  • Why the competition may be doing better than you realize
  • The biggest impact that digital advice will have on advisor businesses, according to advisors
  • Where advisors see the greatest opportunities in adopting new technologies
  • Six practical tips for succeeding in a digital world

BNY Mellon's Pershing

BNY Mellon's Pershing

BNY Mellon’s Pershing and its affiliates provide a comprehensive network of global financial business solutions to advisors, broker-dealers, family offices, hedge fund and ’40 Act fund managers, registered investment advisor firms and wealth managers. Many of the world’s most sophisticated and successful financial services firms rely on Pershing for clearing and custody; investment, wealth and retirement solutions; technology and enterprise data management; trading services; prime brokerage and business consulting.

Pershing helps clients improve profitability and drive growth, create capacity and efficiency, attract and retain talent, and manage risk and regulation. With a network of offices worldwide, Pershing provides business-to-business solutions to clients representing approximately 7 million investor accounts globally. Pershing LLC (member FINRA, NYSE, SIPC) is a BNY Mellon company. 

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