RIAs Are Optimistic About 2011...Except Where Regulation Is On The Line Hot

TD's numbers show that 70% of the RIAs they talked to have added new clients to their books since June, with most of those gains coming from broker-dealers and wirehouses.

With that kind of positive growth, it's no wonder that 77% -- the biggest proportion ever -- are happy with where they are in their careers and a full 46% are optimistic about the economy. 

However, only 1 in 3 are increasing their investment in their business in order to expand in the new year. Marketing and technology are on the top of the shopping list, but RIAs are also staffing up to serve larger client lists.

The one fly in the ointment: compliance. A full 85% of RIAs expect to dedicate more of their time to making sure they're in line with the regulators next year, even though most are going to outsource their compliance tasks in the wake of the Dodd-Frank financial reform bill.

The survey results are worth at least a scan for anyone interested in what fellow RIAs are up to, what the tone in the industry is and how your plans for 2011 stack up.

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