Clearing and Custodial Firms
Read up on clearing and custodial firms serving RIAs and others in the wealth management arena.
Schwab Sees 'Record Engagement' in Q4: CEO
By Paige SmithRick Wurster also said the firm will offer access to prediction markets "if it becomes of client interest."
January 08, 2026
3 Mega-RIAs Join Goldman Sachs Referral ProgramCreative Planning, Mercer and Wealth Enhancement Group are among the first to join.
December 22, 2025
Wells Fargo to Expand Into Clearing the $3.9T-a-Day Options MarketThe fourth-largest U.S. lender wants to build a bigger presence on Wall Street by taking on BofA and Goldman Sachs.
December 17, 2025
Schwab Doubles AUM Level for Advisors in Client Referral ProgramTwo months ago, the firm said it would hike the asset minimum for investor clients using the program.
November 24, 2025
Fidelity Clearing and Custody Exec to DepartRohit Mahna, client growth head, is leaving the asset manager after nearly four years.
November 13, 2025
Longtime Schwab, TD Ameritrade Exec to RetireChief Client Officer Tom Bradley, leaving Schwab at year-end, led the TD Ameritrade integration.
November 12, 2025
Schwab's 'Carl' Ads Not a Knock on RIAs: CEOThe ads, depicting a stockbroker who can't compete with Schwab, have been criticized as disrespectful to independent advisors.
November 11, 2025
Financial Services Needs to Raise Bar on Convenience: Schwab CEORick Wurster noted a "bull market for convenience" and said Schwab would "invest heavily" in making things simpler.