Investment advisor profit margins rose in 2011: report
By Paul Wilson
ProWEB Wire (Industry News)
The median profit margin of investment advisors rose in 2011, according to a new research report by Lipper.
The Investment Management Profitability Analysis for 2012 found the median pre-marketing margin for advisors increased to 43.85 percent in 2011, up from 40.17 percent the year before.
Meanwhile, the before post-marketing margin rose from 32.26 percent in 2010 to 34.44 percent in 2011, the report said.
The median post-marketing profitability margin in 2011 reached the highest value in nine years, Lipper said.