Clearing and Custodial Firms
Read up on clearing and custodial firms serving RIAs and others in the wealth management arena.
Schwab Sets $10M Minimum for New Long-Short Accounts
By Dinah Wisenberg BrinSchwab is tightening access to the tax-saving strategies for the third time in recent months.
August 31, 2026
This Tax-Saving Strategy Is Going Strong Despite Schwab, Fidelity CurbsTax-aware long-short SMAs, which anticipate stock gains and losses, feature borrowing and short-selling.
August 28, 2026
Advisors Weigh Vanguard Deal, On and Off Altruist's PlatformSome see a credibility boost and new competition for Schwab and Fidelity; others fear Altruist could lose its edge.
August 26, 2026
Why Vanguard's Altruist Buy Is a Big Deal for RIAsThe $4.6 billion deal is the "biggest structural move for RIA custody in years," William Trout of Datos Insights says.
August 26, 2026
Vanguard to Buy Wealth Platform Altruist as It Expands in AdviceVanguard, known mostly for its low-fee index funds, will add Altruist's wealth technology and custody platform.
August 05, 2026
Vanguard Muni Bond Head to DepartPaul Malloy, who oversaw roughly $300 billion in municipal assets at the investment titan, has left the firm after over two decades.
August 04, 2026
Fidelity's Managed Assets Hit $7.8T in Second QuarterThat's up 23% from a year ago, according to the firm's second-quarter business update, released Tuesday.
July 27, 2026
Orion Launches Digital Account Opening Tool for Advisor PortalGoldman Sachs Custody Solutions is the first custodian to integrate the wealthtech's offering.