Schwab’s Robo-Giant Unleashed: Could It Help Advisors Gain Clients?
As Schwab launches its Intelligent Portfolios platform, project head Naureen Hassan tells ThinkAdvisor what to expect from the RIA version.
Morgan Stanley Reworks Leadership of Wealth Unit
The moves, including the promotions of two female execs, come after Doug Ketterer's retirement.
Stifel Moves to Buy Sterne Agee: Reports
The reported deal means Stifel could soon top 3,000 total advisors and $200 billion in client assets.
The Unsinkable Sallie Krawcheck
Is Krawcheck weighing a robo-advisor offering? She remains tight-lipped on her plans, but tells ThinkAdvisor in a wide-ranging interview, "I'm not done yet!"
A Different Approach to Recruiting: Lincoln Financial Network
“We’re not going to go out and just recruit for purposes of recruiting,” says Chris Flint, head of Advisor & Acquisition Strategies.
For Aequitas Capital, Small Firms Are the Sweet Spot
For firms too large for an SBA loan and too small to attract private equity, Brian Rice says Aequitas Capital has a solution.
Raymond James Nabs $2.6M Ex-RBC Team
In addition, a former Merrill Lynch rep affiliates with LPL Financial, and Baird adds an ex-UBS team.
SS&C Buys Advent Software for $2.7 Billion
Growth in the RIA space is a key motivator of the deal, says Advent CEO Pete Hess.
DIY Investing on a Growth Tear
Self-directed investment is growing much faster than the rest of the market, and online platforms' user bases are getting more diverse, a Scivantage study found.
RBC to Buy City National, Boost U.S. Wealth Operations
The U.S. operations of the Canadian bank currently include about 2,000 reps and $280 billion in assets.