London, United Kingdom (PressExposure) October 19, 2012 -- Akaishi Global Institutional attracted a record-breaking 120 breakaway CTAs to its platform for independent registered investment advisors (RIAs). A total of 324 breakaway CTAs have joined Akaishi Global Institutional in fiscal 2012, a 23 percent increase from fiscal 2011. In addition to advisor flows, client assets continue a steady movement to the independent advice channel. RIAs report a majority (57 percent) of their new assets are coming from traditional full-commission firms, according to the latest Akaishi Global Institutional Index Survey.
"Advisors want to take control of their destiny when it comes to running their own businesses and serving their clients," said Julia Lieberman, Operations Manager for Akaishi Global. "Volatile times call for objective advice, and investors are increasingly seeking out RIAs to deliver independent advice and act as fiduciaries. CTAs leaving full-commission firms today recognize the trend, and are choosing to follow in their clients' footsteps."
Competitive fees for commodities trading top the list of reasons why investors are attracted to the RIA model, according to the latest survey results. Advisors also noted dissatisfaction with full-commission brokerage firms as reason new clients choose the RIA model.
"Pending regulatory change also weighs heavily on the minds of advisors today," adds Mrs. Lieberman. Regulatory change is a top business concern (40 percent) among RIAs according to the survey.
"Uncertainty around the regulatory environment is certainly nothing new," said Mrs. Lieberman. "The discussion in the industry is much louder than it has been in the past. CTAs that have been considering breaking away are listening and deciding now is the time to break away before they are faced with tackling new regulation."
"Many advisors are good at managing money and working to improve the financial lives of their clients, but not every advisor is interested in the operational side of running a practice," added Mrs. Lieberman. "CTAs that choose to join an existing firm walk into a business that has an established back-office system and support, and that can be a very attractive option for some advisors. It really just depends on what works best for the advisor and their clients."
The growing managed futures business is becoming a more important part of the global economy. A secular bull market in commodities has brought in more capital. This may be a good time for responsible, licensed, and independent minded entities to consider working with Akaishi Global.
Akaishi Global is a 100% discretionary commodity trading advisor (CTA). We provide unique managed future programs to clients. We offer programs appropriate for various client objectives and risk tolerance levels. We position each account, and evaluate possible adjustments on an ongoing basis, in an attempt to maximize long term growth.