How RIA Culture Is Shifting, in 7 Charts

Related: 10 More FAQs About Moving to the RIA Model

The RIA industry looks different today than it did in 2019, before the onset of the pandemic. A new study from DeVoe & Co. finds that the long-term ramifications of COVID-19 on employees' well-being, talent management and workplace culture are still unfolding. Recovery is taking place against a backdrop of global economic and market uncertainty. The study uncovers some alarming trends, in particular around employee retention at large firms. It also finds good news in how some firms are addressing these trends. DeVoe & Co. surveyed some 100 representatives of RIA firms between February and May who were senior executives, principals or owners of firms with $100 million or more in assets under management. See the gallery for seven charts that indicate how RIA culture has been affected by the pandemic.