Aspiriant Makes Financial Advisor’s Top RIA List
Financial Advisor magazine named Aspiriant one of the leading Registered Investment Adviser (RIA) firms in 2018.
Aspiriant, with more than $12 billion in assets under management or advisement, is 21st on Financial Advisor’s 2018 Annual RIA Survey and Ranking. The publisher ranks RIA firms based upon their total AUM in 2017.
RIAs are held to a fiduciary standard, which requires advisors to always put their clients’ interests first. Client awareness of this higher standard is growing, and the RIA industry is maturing, Financial Advisor reported. The publication said that as the largest RIAs accumulate assets, “they’re also forced to be nimble to keep up with the industry’s evolution.”
For example, Financial Advisor noted that successful RIA firms have succession plans to replace retiring advisors and owners with younger professionals. We believe the longevity of Aspiriant as a private company benefits our clients. That’s why Aspiriant has an unparalleled model in the industry that offers employees the opportunity for ownership in the firm. We regularly promote our younger, committed advisors to principals, and currently 60 employees are owners of the firm.
See the complete 2018 Annual RIA Survey and Ranking on Financial Advisor.