Want to Hire Young Advisors? Let Them Work With People
The No. 1 role students want in a financial services firm is relationship management, a survey by Schwab Advisor Services found.
High Flyin’: Revisiting the Hybrid Model With HighTower
A few years ago, I did some publishing consulting work for Elliot Weissbluth, the CEO of HighTower Advisors in Chicago.
Schwab Rolls Out ‘Game-Changer’: A Commission-Free ETF Platform
The new OneSource platform sets no limit on how many trades advisors can make with 105 ETFs on offer.
Schwab Names 3 RIA Firms as Impact Award Winners for 2012
Seventh annual awards handed out honors for Best-in-Business, Trailblazer and Pacesetter for the RIAs excellence, growth, leadership and contributions to the industry.
Schwab’s Sonders: Election Gives ‘No Clarity’ on Fiscal Cliff; Townsend on Dodd-Frank
If Congress and Obama don’t show they can “play nicely in the same sandbox,” consumer confidence would suffer and there would be a real risk of a modest recession, Schwab’s chief investment strategist says, though she still sees some silver linings post-election.
Schwab to Close Broker-Dealer BrokersXpress
BrokersXpress, the specialty broker-dealer owned by Schwab under OptionsXpress Holdings, reportedly told advisors and clients on Wednesday that it would shut its doors.
Judge Pushes Schwab Suit Against FINRA to Disciplinary Panel
A federal judge dismissed a legal action filed by Charles Schwab against FINRA challenging a complaint FINRA levied against Schwab on Feb. 1.
In ‘Hugely Important’ Move, Schwab Endorses DTCC’s AIP Custody Service
With SEC no-action letter in hand, custodian to begin automated settlement and reporting of alternative investments for its advisor clients.
Social Security Secret: Advisor’s Dogged Pursuit Bears Fruit for Clients
How Evensky Katz advisor Brett Horowitz pursued answers from the Social Security Administration to confirm a little-known filing procedure that greatly benefits recipients.
Direct Providers Threaten Advisors’ Client Base: Cerulli
Those advisors most in jeopardy are those who compete most directly with providers such as Schwab, Fidelity and E*Trade.