Securities America Hybrid RIA Platform Adds Sales Director
Hybrid-advisor platform Arbor Point names Jeffrey Schmaltz a sales director; a former Edward Jones rep discusses how to navigate the tough road to independence.
Ex-Schwab, Fidelity Exec: Be Careful Whom You Trust
Tim McCarthy talked to ThinkAdvisor about being president of Schwab and Fidelity, revamping struggling Asian firms and the good things Bernie Madoff did.
Schwab Earnings Up 51% in Q4 on Record $2.25 Trillion in Assets
Net income of $1.1 billion for full year is most since 2008; RIAs managing $946 billion in assets.
Ken Fisher’s Backhanded Call to Arms
Ken Fisher's provocative statements about RIAs' demise in 10 years should be a wake-up call to all RIAs to make their voices heard in Washington.
Will the SEC Create Two Kinds of Fiduciaries?
The debate rages on about what Dodd-Frank said the SEC could — or could not — do in writing a fiduciary rule for brokers.
Schwab Offers 7 Changes to SEC’s Money Fund Plan
Charles Schwab filed its comment letter Thursday, saying that while it “generally supports” the SEC’s plan, it has a “significant number of concerns."
What’s ‘Fee Only’? CFP Board and NAPFA Diverge
Is 2% ownership of a BD really so "insubstantial"? The CFP Board and NAPFA take different tacks on issue flowing from the Alan Goldfarb case.
Appeals Court Revives Schwab ARS Suit
Schwab says its "role in these transactions was simply to accommodate clients when they asked for these types of products.”
Schwab Backs Off on Class-Action Ban—for Now
Charles Schwab on Thursday said it would lift a ban on client class-action suits until all legal and regulatory challenges were resolved.
Cetera’s Barnaby Grist Leaving BD to Care for Family
Barnaby Grist, EVP of wealth management, preached that health and family come first to his team at Cetera, and now he’s putting the belief into practice.