by Edward K. Riley
Why affiliating with a broker-dealer makes sense for some advisors who want to go independent.
Financial Services Overhaul Getting Closer
December should be a busy month for those involved with overhauling the U.S. financial services industry...
The team structure is nothing new to Wall Street brokerages. Nor is the
idea that it can make it harder for restless advisors to break away,
and take clients with them.
Educating brokers about the independentfinancial advisor model may be the key to growth for custodians, who safeguardclient assets for independent advisors.
by
Ray Fazzi
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.
by
Jeff Schlegel
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...
by
Dorothy Hinchcliff
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.
by
Dorothy Hinchcliff
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.
by
Dorothy Hinchcliff
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.
by
Ray Fazzi
Schwab Institutional has
launched a redesigned Web site for its independent advisors.
by
Dorothy Hinchcliff
Three leading advisors from Morgan Stanley Smith Barney have
gone independent and formed Three Bridge Wealth Advisors.
by
Ray Fazzi
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.
by
Dorothy Hinchcliff
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.
by
Dorothy Hinchcliff
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.
by
Eric Rasmussen
RIA or IAR? The anagram you choose will depend on how big you are and how independent you want to be.
by
Dorothy Hinchcliff
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.
by
Dorothy Hinchcliff
Asset manager Neuberger Berman Group LLC has agreed to acquire Lehman Brothers trust businesses.
by
Dorothy Hinchcliff
Morgan Stanley and TD Ameritrade were among the companies recently
cited in enforcement actions by the U.S. Securities and Exchange
Commission.
by
Dorothy Hinchcliff
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.
