Going Indie? Afraid of Losing Clients? Don’t Be
Despite fears they might lose clients when going independent, 79% of advisors who switched to the indie model in the last two years say most clients stuck by their side, Schwab Advisor Services reported Tuesday.
RIA M&A Grew 30% in 2012, With Most Deals Done by Big Firms: Schwab
National acquiring firms, like HighTower, Focus Financial and United Capital, remained the dominant buyers, with 25 of the 45 total M&A deals, Schwab reports.
Clark at Schwab Impact: RIAs’ Competitors ‘Want What You Have’
On day one of Schwab Impact, the head of Schwab’s RIA custody unit ticks off new initiatives on succession planning, Washington advocacy, referrals.
Schwab Tweets to Talk Up RIA Concerns Ahead of Impact 2012
Just days ahead of Schwab Impact 2012, Schwab Advisor Services is using its Twitter feed for RIAS to talk up the Nov. 13-16 conference in Chicago.
Rollups Account for Majority of Advisor M&A in Q3: Schwab Report
With a quarter to go, year-to-date RIA mergers and acquisitions nearly match the value of all deals recorded in 2011. But the actual number of deals this year is still lower.
Schwab to Buy Dividend Manager ThomasPartners for $85 Million
The deal includes additional payments depending on future growth in ThomasPartners’ assets under management, now worth $2.3 billion.
Advisors Bullish on Business, Bearish on Markets and Economy: Schwab Survey
As the election nears, advisors say they are growing and hiring while worrying about inflation, the high level of the nation’s debt and whether they’ll be able to meet clients’ goals.
RIAs Aren’t Using CRM to Full Potential: Schwab TweetUp
RIAs are missing opportunities to use CRMs for everything from business analytics to social media, according to a Twitter “TweetUp” moderated by Schwab Advisor Services.
Action Plan: Strategic Planning With Schwab Advisor Services
On a hot, sticky August afternoon in northern Virginia, three Washington-area advisors created their own cool heat inside as they discussed what they learned about themselves and their firms from participating in Schwab Advisor Services’ “Insights to Action” program.
Advisors Feel Pinch of Compensation Squeeze
Many advisors expect to see a slight lift in pay in 2012, but with the sluggish economic recovery, ongoing global challenges and relentless cost-cutting, there is little reason to bring out the bubbly.