RIAs’ Organic Growth Declined Sharply Last Year, Fidelity Says

Last year was a rough one for markets—and registered investment advisory firms.

RIAs’ organic growth slowed considerably in the face of economic and market headwinds, according to a new study by Fidelity Investments. Those headwinds helped prompt advisors to focus on client retention, says Anand Sekhar, vice president of practice management and consulting at Fidelity Institutional.

“So…