Edelman Financial Services

Edelman Financial Services

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4000 Legato Road 9th Floor

Fairfax, VA 22033-2892

703-818-0800

edelmanfinancial.com

No. advisers: 397

AUM: $14,880,000,000

Asset Breakdown

Staff
Employees 397
Clients
High-net-worth individuals 11-25%
Financial planning clients N/A
High-net-worth client assets Up to 50%
Compensation
Percentage of assets under management Yes
Hourly charges No
Subscription fees Yes
Fixed fees Yes
Commissions No
Performance-based fees No
Total AUM Total Accounts Avg. Account AUM
Discretionary $14,880,000,000 69,807 $213,159
Non-discretionary 0 0 $0
Total $14,880,000,000 69,807 $213,159

Ric Edelman proposes Social Security fix: Allot $7,000 for each baby

April 19, 2017 - A prominent financial adviser is proposing to fix the Social Security system by using the same approach that he recommends to clients: Start saving early and take advantage of compound growth. Ric Edelman, executive chairman of Edelman Financial Services,...

Ric Edelman: Dramatic changes advisers don't see coming

April 19, 2017 - New technologies, retirement plans and investment opportunities will change how advisers and clients work together and plan for their careers and retirement, according to Ric Edelman, founder and executive chairman of Edelman Financial Services.

Tech tools not always the answer for clients

April 16, 2017 - Many financial advisory firms are scrambling to make digital onboarding available to tech-hungry clients, but one of the largest firms in the nation is bringing the task back into the office. After offering clients the opportunity to sign contracts online...

An insider's view of the inaugural Icons and Innovators luncheon

April 12, 2017 - I was honored and grateful to attend the inaugural InvestmentNews Icons and Innovators awards luncheon on April 3 as both a participant and an honoree. I have to confess I felt like the lightweight in the room. The awards luncheon, which took place on...

College planning programs in need of financial aid

February 26, 2017 - Hit hard by an 18% drop in state funding over the past six years, Kansas State University can't even afford to teach its 65 financial planning students how to use such popular planning programs as MoneyGuidePro or Morningstar Advisor. "We're not asking...

Top regional fee-only RIAs

December 4, 2016 - Northeastern success stories Rank Firm Phone Website Total assets ($M) Total accounts Employees 1 Silvercrest Asset Management Group (212) 649-0600 silvercrestgroup.com $31,199.2 1,068 117 2 Veritable (610) 640-9551 veritablelp.com $13,588.5 2,999 85...

Radio show host Ric Edelman rants about raging fiduciary battle

June 24, 2016 - Seven years after the Treasury Department recommended in a financial reform report that brokers be held to a fiduciary standard, the industry is struggling to come to grips with it. The Securities and Exchange Commission “should be given new tools to...

Ex-LPL exec joins Edelman as CEO

May 24, 2016 - A former executive at LPL Financial has joined Edelman Financial Services, one of the 10 largest registered investment advisers in the country, as its chief executive. Ryan Parker, most recently managing director of investment and planning solutions at...

Hosting radio shows helps advisers attract clients

February 28, 2016 - Marc Freedman, chief executive of Freedman Financial in Peabody, Mass., got his start in radio in 2012. He paid $2,000 a week to host an hour-long, live call-in show every Sunday at 4 p.m. on a major talk-radio station in Boston, 96.9 FM. As part of his...

Market environment is top of mind for advisers

February 8, 2016 - The market environment has been dreadful the last couple of years to say the least. Ric Edelman, CEO of Edelman Financial Services, discusses how setting client expectations and being goal-oriented will make for a successful planning approach.

    Notes
  • N/A = Not available
  • N/D = Not disclosed
  • — = Information not available or not disclosed

Purchase the data and information contained in the RIA Data Center in an Excel spreadsheet.

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*Methodology: InvestmentNews qualified 1,778 firms headquartered in the United States based on data reported on Form ADV to the Securities and Exchange Commission as of November 1, 2016. To qualify, firms must have met the following criteria: (1) latest ADV filing date is either on or after January 1, 2016, (2) total AUM is at least $100M, (3) does not have employees who are registered representatives of a broker-dealer, (4) provided investment advisory services to clients during its most recently completed fiscal year, (5) no more than 50% of amount of regulatory assets under management is attributable to pooled investment vehicles (other than investment companies), (6) no more than 25% of amount of regulatory assets under management is attributable to pension and profit-sharing plans (but not the plan participants), (7) no more than 25% of amount of regulatory assets under management is attributable to corporations or other businesses, (8) does not receive commissions, (9) provides financial planning services, (10) is not actively engaged in business as a broker-dealer (registered or unregistered), (11) is not actively engaged in business as a registered representative of a broker-dealer, (12) has neither a related person who is a broker-dealer/municipal securities dealer/government securities broker or dealer (registered or unregistered) not one who is an insurance company or agency.