Clearing and Custodial Firms
Read up on clearing and custodial firms serving RIAs and others in the wealth management arena.
Schwab, NYSE and Citadel Unite Against SEC Market-Rules Revamp
By Katherine Doherty and Lydia BeyoudThe new regulations, if finalized, could damp liquidity in the stock market, the firms said.
March 01, 2023
RBC C&C Adds Vestwell as Exclusive 401(k) Platform ProviderVestwell's technology will help RBC's advisor clients efficiently service 401(k) and 403(b) plans.
February 17, 2023
Fidelity to Hire 4,000, Including Advisors, in First Half of 2023The announcement follows a year in which it hired more than 17,000 associates.
February 17, 2023
LPL's Enyedi, Audette Take On Expanded RolesLPL says it's realigning its management to provide a more integrated client experience.
February 06, 2023
United Advisor Group Launches as RIA AggregatorThe new firm has selected Goldman Sachs Advisor Solutions as its custodian.
February 06, 2023
Joe Duran Steps Down as Goldman Partner, Stays as RIA ConsultantThe move comes as Goldman continues its push to become a top custodian to RIAs.
January 30, 2023
What Crypto Moves Big BDs, Wealth Firms Are Making After FTX MeltdownHere's what Fidelity, BNY Mellon, BlackRock, J.P. Morgan, State Street, Goldman Sachs and other firms have in the works.
January 19, 2023
Orion Hires Industry Veteran as New EVP of Sales: Tech RoundupAlso, Fidelity acquired software firm Shoobx; Broadridge extends its digital wealth platform partnership with IGM Financial.