Clearing and Custodial Firms
Read up on clearing and custodial firms serving RIAs and others in the wealth management arena.
Financial Services Needs to Raise Bar on Convenience: Schwab CEO
By Dinah Wisenberg BrinRick Wurster noted a "bull market for convenience" and said Schwab would "invest heavily" in making things simpler.
October 31, 2025
JPMorgan Leads $90M Investment in Texas Stock ExchangeThe deal brings the total capital raised for the Dallas-based exchange to more than $250 million.
October 22, 2025
Vanguard CEO: Why Low Fees, Simplicity Still MatterSalim Ramji also discussed high stock valuations and private investments at the 2025 Bogleheads Investing Conference.
October 16, 2025
Schwab’s New Assets Rise 48% on Demand From InvestorsThe Advisor Services unit grew net new assets by nearly $82 billion, a jump of 52% from a year ago.
September 09, 2025
Altruist Wants Advisors to Ask Its New AI Tool AnythingCustodians can mobilize mountains of data to put AI to work for RIAs, CEO Jason Wenk says.
September 03, 2025
State Street Takes Minority Stake in Apex Fintech, Forms PartnershipThe move expands the financial services company's offerings to the global wealth management industry.
August 27, 2025
Interactive Brokers to Join S&P 500, Replacing WalgreensThe changes will take place prior to the opening of trading on Thursday, according to S&P Dow Jones Indices.
August 13, 2025
Wells Fargo Hit With $275K FINRA FineWells Fargo Clearing failed to establish and maintain a supervisory system related to municipal advisory activity.