The Rise of RIA Held Fund of Funds: A Shift in Power Dynamics The world of private wealth management is undergoing a significant shift, driven by the growing influence of registered investment advisers (RIAs).
Mercer Advisors, one of the leading RIAs, has taken a bold step by establishing its own proprietary fund of funds platform, Aspen Partners.
This move marks a turning point in the industry as RIAs like Mercer begin to assert their influence and challenge traditional power dynamics.