Clearing and Custodial Firms
Read up on clearing and custodial firms serving RIAs and others in the wealth management arena.
Wall Street Moves to Fastest Settlement of Trades in a Century
By Greg RitchieIt's not the first time Wall Street has undergone such a change, but it could be the most challenging.
May 03, 2024
SoFi Securities Hit With $1.1M FINRA Fine Over Theft in Cash AccountsSoFi's lack of protections resulted in customers using accounts to steal $2.5 million, FINRA says.
May 02, 2024
Vanguard Adds Fees for Some Brokerage ServicesVanguard will charge $25 to buy or sell its ETFs and mutual funds over the phone, with some exceptions.
April 15, 2024
Schwab Beats Q1 Revenue Target After Tough YearThe final 10% of TD Ameritrade advisors and clients are moving to Schwab in May, says CEO Bettinger.
April 04, 2024
Best & Worst Firms for Self-Directed Investors: J.D. Power, 2024Satisfaction for DIY investors is flat this year, but it improved for those seeking guidance, which shows the power of personalization.
March 14, 2024
Schwab Sees Bounce in February ResultsNet new assets surged 114% from January but were down 24% from a year earlier.
March 06, 2024
Advyzon Taps Schwab Veteran to Lead New UnitKartik Srinivasan will focus on developing offerings that cater to the growing needs of advisors serving more complex clients.
February 26, 2024
7 Emerging Challenges for Advisors, and How Custodians Want to HelpAt a NAPFA conference, execs from Schwab, Pershing and other custodians weighed in on what's next for RIAs.