Whitepaper

Evolution Revolution 2018

Updated: Oct 21, 2024
Originally published: Sep 06, 2018

The 2018 Evolution Revolution report is an annual joint study by the Investment Adviser Association (IAA) and National Regulatory Services (NRS), which is integrated with Accuity. The report offers the most comprehensive profile of SEC-registered investment advisers, containing data on 12,578 firms that manage $82.5 trillion for more than 34 million clients this year and employ more than 800,000 workers.

The 2018 Evolution Revolution report is an annual joint study by the Investment Adviser Association (IAA) and National Regulatory Services (NRS), which is integrated with Accuity.

The report offers the most comprehensive profile of SEC-registered investment advisers, containing data on 12,578 firms that manage $82.5 trillion for more than 34 million clients this year and employ more than 800,000 workers.

This year’s report includes additional information made possible by new disclosures required by the recently amended Form ADV, giving greater clarity on the detailed business practices of advisers, including how they invest separately managed accounts, the use of leverage and derivatives, and access to more accurate client data.