Learn more about our RIA Leaders of 2021
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Critical viewpoints from RIA Leaders

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“We just have to find a way as an industry to get the compensation more uniform — it's so crazy, you think about other industries and it's not like this. The industry collectively needs to come together to figure out what we can do.”

– Emlen Miles-Mattingly, Founder, Gen Next Wealth

Why ranking fee-only firms is difficult

A lack of uniform classifications and an identity crisis at the heart of the fragmented industry makes it a thorny task.

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Learn more about our RIA Leaders of 2021

Wealth management’s fragmentation makes ranking and classifying fee-only RIAs a difficult and often controversial topic. As part of Financial Planning’s RIA Leaders rankings this year, some of the industry’s toughest critics and largest firms offered their input on the thorniest questions.

Also in this series, we profile a Silicon Valley family office catering to billionaires and provide a detailed examination of the problem with industry rankings.

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