When it comes to service from their custodians, advisors want accurate, timely information, but they also want a partner with integrity. In fact, when asked to pick the top service characteristic from a menu of choices, advisors picked integrity above all else. Those are some of the top-level findings from an online study conducted on behalf of Schwab Institutional through a third party research firm of 24 of its “Best Managed Firms” in late March and early April. One respondent put it succinctly: “Honesty and integrity are traits most valued by our clients. In turn, we expect the same from our custodian.”
The team has 11 advisors and will be the 99th advisory business to join the rollup firm.
The guidance clarifies how an investment advisor’s fiduciary duty relates to proxy voting on behalf of clients.
Top retirement industry lobbyist Brian Graff cheered the move.
Sponsored by Cavanal Hill Funds
The generation that controls 80 percent of personal finances is set to retire; thus, you need to find ways to connect to new types of clients.
Sponsored by LPL Financial
Find out how your practice can grow and thrive without sacrificing the quality, personalized service your customers are accustomed to.
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