Clearing and Custodial Firms
Read up on clearing and custodial firms serving RIAs and others in the wealth management arena.
16 Highest-Paid CEOs in Financial Services
By Michael S. FischerAverage CEO compensation surged to $23.2 million in 2021, with many in the financial industry earning significantly more.
October 11, 2022
Goldman Sachs Adds Its First Breakaway RIA, Picking Up $1B Merrill TeamNew RIA Beverly Hills Private Wealth selected Goldman Sachs Advisor Solutions to provide custodial services.
October 07, 2022
8 Trends Raymond James Sees Among RIAsThrough a survey, Raymond James' custody arm takes a behind-the-scenes look at its RIA clients.
October 05, 2022
Fidelity, Vanguard and Others Team Up to Fight 401(k) Cash-OutsThe firms have formed a consortium to accelerate the nationwide adoption of automatic portability for workplace retirement accounts.
October 04, 2022
Morgan Stanley to Combine Robo Offerings Within E-Trade BrandThe wirehouse's announcement came only a week after Fidelity made a similar move.
September 29, 2022
Cambridge Launches New Digital Marketing Solution for Advisors: Tech RoundupAlso, BNY Mellon to provide comprehensive solution to asset manager Aviva Investors.
September 27, 2022
Raymond James Parts Ways With $13B Concurrent AdvisorsThe OSJ launches its own RIA as it shifts to a multi-custodial, hybrid RIA platform.
September 22, 2022
SEC Set to Let Wall Street Keep Payment-for-Order-Flow DealsThough the news is a win for brokerages like Schwab and Robinhood, the firms may still face tough new regulations.