Clearing and Custodial Firms
Read up on clearing and custodial firms serving RIAs and others in the wealth management arena.
State Street Takes Minority Stake in Apex Fintech, Forms Partnership
By Dinah Wisenberg BrinThe move expands the financial services company's offerings to the global wealth management industry.
August 12, 2025
Schwab Faces Cash Sweeps Suit Alleging Elder Financial AbuseThe complaint is among many accusing firms of paying unreasonably low interest on cash sweep balances.
August 12, 2025
Fidelity Brokerage, BNY Sued Over Unauthorized Fund TransfersThe alleged transfers were from a Fidelity cash management account, after the client's Fidelity debit card was stolen.
July 18, 2025
Schwab Shares Rise on Strong Client Assets, Trading UpdatesTotal client assets climbed 14% to $10.76 trillion compared to the same period last year.
June 23, 2025
Northern Trust Commits to Staying Independent After BNY ApproachA tie-up would bring together two of the largest custodian banks in the world.
June 23, 2025
BNY Approached Northern Trust for Merger Talks: ReportThe chief executives of the banks had at least one conversation, the Wall Street Journal said.
June 04, 2025
Robinhood Is a 'Prime Candidate' for S&P 500 Addition: BofAThe trading platform’s stock has surged as both equity and cryptocurrency markets rally.
May 23, 2025
Financial Advisor Conferences in 2025: An Evolving ListDozens of industry conferences and events are on tap this year, with the biggest events hosted by custodians.