Clearing and Custodial Firms
Read up on clearing and custodial firms serving RIAs and others in the wealth management arena.
State Street Ends $3.5B Deal With BBH
By Janet LevauxThe purchase, announced a year ago, involved Brown Brothers Harriman's cross-border custody, administration and related operations.
November 17, 2022
UBS Launches New Offering For UHNW Clients: Tech RoundupAlso, FP Alpha releases second-generation tax projection tool.
November 17, 2022
Industry Experts Weigh In on Fidelity's Latest Tech MovesThe updates could make Fidelity more attractive for advisors looking to switch custodians, Tim Welsh says.
November 11, 2022
Pros, Cons of Envestnet's Move Into the RIA Custody Space"The challenge is that custody is a low margin business, so it requires tremendous scale," Joel Bruckenstein said.
November 10, 2022
Envestnet to Move Into RIA Custody ServicesNew partnership with FNZ opens up multiple market opportunities for increased revenues associated with custody, Bill Crager said.
November 08, 2022
Fidelity Opens Wait List for Zero-Fee Retail Crypto TradingThe firm says invitations will be sent based on the timing of sign-ups and state eligibility.
November 02, 2022
Schwab Considers Loan Options for ClientsOne goal is to prevent advisors from introducing other firms into the client relationship, the company says.
November 01, 2022
LUMINARIES 2022 Finalists: Community Impact — FirmsAn evolution of our Broker-Dealers of the Year awards, the LUMINARIES program is now in its second year.