Investors can use these products to build bond ladders.
The discounter will start paying interest on balances under $100K.
Corporate bonds are still super expensive, he says.
Volatility ain’t what it used to be, say speakers at a fixed-income conference.
The broker-dealer, known for serving traders and hedge funds, has been growing its RIA custody business.
A typical market downturn could cost RIAs about 15 percent of revenues, one consultant estimates.
Regulations look somewhat less onerous, but these firms must be creative to compete.
Finra proposes to drop requirements for B-Ds to supervise the independent RIAs run by their registered reps.
State regulators worry that a Finra arbitration proposal would drive brokers to courts to scrub bad records.
The deal will almost double the size of Atria and plant its flag in the independent wealth management channel.