blackrock takes 11% stake for $7.6m

Biggest yet! Only $3.15 Trillion under management LOL

I reckon these mega-smarties have a fair idea where RIA is headed in the next 12~24 months.

DYOR

As of June 30, 2010, BlackRocks assets under management total US$3.15 trillion across equity, fixed income, cash management, alternative investment, real estate and advisory strategies. Through BlackRock Solutions the natural evolution of our long-standing investment in developing sophisticated and highly integrated systems we offer risk management, strategic advisory and enterprise investment system services to a broad base of clients with portfolios totaling approximately US$9 trillion

http://www2.blackrock.com/global/home/AboutUs/AboutBlackRock/index.htm