Educating brokers about the independentfinancial advisor model may be the key to growth for custodians, who safeguardclient assets for independent advisors.
Frontline News
Investors are not as afraid of keeping their money in the stock market as might be expected, even after last year's disastrous market collapse, says a new survey by Vanguard.
A trifecta of statistics from Charles Schwab shows that the market remains fluid for advisors on the move when it comes to changing channels, M&A activity and management buybacks of advisory...
Schwab Advisor Services is eliminating fees on a database that helps advisors sell and buy other firms, a move that's part of a broader effort to enhance services for independents.
Parents of high school children say the amount of their kids' total college education costs that they can cover has dropped nearly 27% from last year, according to a Fidelity Investments survey.
In an effort to win more RIA business, Fidelity Investments is initiating a sweeping series of prices reductions for fees, services and products associated with its custodial services platform.
Schwab Institutional has launched a redesigned Web site for its independent advisors.
Three leading advisors from Morgan Stanley Smith Barney have gone independent and formed Three Bridge Wealth Advisors.
New York State Attorney General Andrew Cuomo has sued Charles Schwab & Co., alleging the company failed to disclose the risks of auction-rate securities to its clients.
A federal judge sentenced 71-year-old former planner Judith Zabalaoui to 97 months in prison for using a Ponzi scheme to embezzle millions from clients.
A group of leading financial advisors has met with Washington officials and let them know that fiduciary principles should apply to all those giving investment advice.
RIA or IAR? The anagram you choose will depend on how big you are and how independent you want to be.
The SEC is proposing new rules aimed at stopping "pay to play" practices by investment advisors who seek to manage money for government pension and 529 plans.
Asset manager Neuberger Berman Group LLC has agreed to acquire Lehman Brothers trust businesses.
Morgan Stanley and TD Ameritrade were among the companies recently cited in enforcement actions by the U.S. Securities and Exchange Commission.
Edward Jones ranked highest in investor satisfaction among full-service investment firms, according to an annual survey released Tuesday by J.D. Power and Associates.
Although most advisors have clients who suffer from Alzheimer's Disease, virtually none feels fully prepared to assist such clients, according to a new Fidelity Investments survey.
Charles Schwab & Co. Inc. says allegations by New York Attorney General Andrew Cuomo that its brokers improperly sold and marketed auction-rate securities are without merit and are unfair.
Invesco Aim Launches Balanced-Risk Fund Invesco Aim, an independent global investment management company based in Houston, is launching the AIM Balanced-Risk Allocation Fund...