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.
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.