Clearing and Custodial Firms
Read up on clearing and custodial firms serving RIAs and others in the wealth management arena.
Robinhood Is a 'Prime Candidate' for S&P 500 Addition: BofA
By Matthew Griffin and Jessica MentonThe trading platform’s stock has surged as both equity and cryptocurrency markets rally.
April 23, 2025
Altruist Secures $152M in New Funding for GrowthLed by Jason Wenk, the RIA custodian is now valued at about $1.9 billion.
April 07, 2025
Fidelity Apologizes for Website ProblemsFidelity said it was working urgently to resolve issues on its platforms.
April 01, 2025
Ex-Schwab CEO Walt Bettinger Joins Private Equity FirmBettinger, now a senior advisor to Clayton Dubilier & Rice, will remain Schwab's co-chairman.
March 27, 2025
Robinhood Wants to Be Your Clients' Wealth Manager for $250 a YearThe firm also plans to roll out banking services and an AI investment tool later this year.
March 24, 2025
Fidelity, Schwab Block Clients From Buying 3 BlackRock and Texas Capital ETFsThe firms are stopping purchases of three ETFs that track money-market securities.
March 14, 2025
Schwab Stock Jumps After 44% Rise in New AssetsNew new assets were $48 billion in Feburary, as total assets rose to nearly $10.3 trillion.
February 13, 2025
Schwab to Raise Advisor Network Referral Fees by 5%The fee changes for advisors utilizing the Schwab Advisor Network program will take effect later in 2025.