Clearing and Custodial Firms
Read up on clearing and custodial firms serving RIAs and others in the wealth management arena.
Schwab's Former Headquarters Now on the Market
By Janet LevauxSchwab will keep its offices in the San Francisco building through April 2028, despite moving its base to Texas in January.
June 15, 2021
LPL Nabs $1.2B Team From UBSThe 10-member Puzzle Wealth Solutions team has joined LPL's BD, hybrid RIA and custodial platforms.
June 14, 2021
Schwab Assets Up 84% After Stock Surge, TD Ameritrade DealTotal client assets were about $7.4 trillion as of May 31, up from roughly $3.8 trillion a year earlier.
May 25, 2021
E-Trade's RIA Custody Unit Sold for a Song. What Happens Next?When Morgan Stanley chose to "unload" E-Trade Advisor Services, it birthed a new challenger to RIA custody giants.
May 20, 2021
BlackRock Strengthens Aladdin Platform's Trading Capabilities: Tech RoundupAlso, AdvisorPeak becomes the first trading and rebalancing platform to be offered on Invent's cloud tech platform.
May 13, 2021
Fidelity Adds Capabilities to Integration Xchange: Tech RoundupAlso, LPL's new Meeting Manager tool helps advisors prepare for client meetings.
May 06, 2021
T3 and ScratchWorks Team Up for Fall Conferences: Tech RoundupMeanwhile, Fidelity model portfolios are now available via JPMorgan's 55ip tax-smart investment strategy platform.
May 05, 2021
Where Is the Seismic Shift Following the Schwab-TD Ameritrade Deal?Smaller custodians could pick up business as "big-box" firms increasingly compete with their own clients.