5 Guideposts for RIAs to Comply With SEC’s Change of Control Rules
All RIAs will inevitably need to navigate the SEC’s “change of control” rules and guidance. Here’s how to stay on course.
Most Advisors Confused on DOL Rule’s Impact: Galvin Poll
A majority incorrectly believes that, despite their work with retirement accounts, the new fiduciary standard won’t impact them.
Advisor M&A Surging to Record Year; Should Be ‘New Normal’: DeVoe
With busiest quarter for deals still to come, 2016 is shaping up as record year for RIA mergers and acquisitions, says Dave DeVoe.
Schwab’s Bernie Clark Urges Advisors to Evolve; Unveils Robo-Advisor Upgrades
Since wirehouses “want to look like you,” head of Schwab custody unit urges advisors to evolve to meet client needs.
DOL Rule Casualty: Commonwealth Drops Commission Retirement Products
Indie BD says the decision was “challenging,” though it makes less than 10% of revenue from commissions on these accounts.
Top Portfolio Products: AssetMark, Fi360’s New Tools to Help Advisors With DOL Rule
In addition, Vestmark unveils a new robo platform and Envestnet to integrate with MoneyGuidePro.
TD Ameritrade, TD Bank Said Near $4B Scottrade Deal
Deal would combine two of the largest online brokerages; Scottrade now works with about 1,000 RIAs.
Growing an Advisory Business in a Rapidly Changing Industry
Back in 2014, the independent advisory industry was having a tough time.
Why a Fiduciary Duty Matters
Bob Clark asks: Does a fiduciary duty really make a difference in the quality of the advice that retail investors get?
Mea Culpa, Mea Maxima Culpa
Over the years I’ve had many conversations with advisors and the executives of the firms that partner with advisors.