Commonwealth CEO Upbeat on DOL Fiduciary, ‘RIA-zation’
Wayne Bloom and other execs highlight the growth of the firm’s indie advisors at a national event in San Diego.
Indie BD Reps Most Likely to Outsource Model Portfolios: Cerulli
Advisors making their own investment decisions increases potential liability for broker-dealers under the DOL fiduciary rule.
Fidelity Institutional Names Durbin President
Michael Durbin is now in charge of clearing, custody, trading and other programs for RIAs, BDs and related institutions.
Dynasty Financial Hires New CFO
Meanwhile, its Capital Strategies group is growing loans to advisory firms and revenue participation notes.
Big Form ADV Changes Coming Soon. Are You Ready?
RIAs are bracing for major reporting changes regarding their Form ADVs that begin Oct. 1. An IAA counsel explains some of those changes.
Banks Gobbling Up RIAs as Consolidator Field Shrinks: DeVoe
The number of deals is up in the first half of 2017, but the average asset level of the M&As makes a steep decline.
Echelon Rolls Out RIA Valuation Business
As the DOL fiduciary rule begins, more firms will be making adjustments to products, which is likely to affect their valuations, according to Dan Seivert.
Focus Financial to Add $16.5B RIA
SCS Financial and its RIA have more than 80 team members and key offices in New York and Boston.
Who Were the Best Robo-Advisors in Q1?
The first quarter of 2017 was good to robo-advisors, but several firms stood out for top performance across investment categories.
Arkadios Capital Nabs $1.8B Triad RIA, LPL Grabs $420 Merrill Team
Meanwhile, Kovack Securities buys broker-dealer with $200 million and seven advisors.