Clearing and Custodial Firms
Read up on clearing and custodial firms serving RIAs and others in the wealth management arena.
Fidelity Brokerage, BNY Sued Over Unauthorized Fund Transfers
By Melanie WaddellThe alleged transfers were from a Fidelity cash management account, after the client's Fidelity debit card was stolen.
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.
May 06, 2025
Schwab Rehires RIA Exec From LPLJulian Lopez has spent most of his career with Schwab Advisor Services and other parts of the firm.
April 23, 2025
Altruist Secures $152M in New Funding for GrowthLed by Jason Wenk, the RIA custodian is now valued at about $1.9 billion.
April 07, 2025
Fidelity Apologizes for Website ProblemsFidelity said it was working urgently to resolve issues on its platforms.
April 01, 2025
Ex-Schwab CEO Walt Bettinger Joins Private Equity FirmBettinger, now a senior advisor to Clayton Dubilier & Rice, will remain Schwab's co-chairman.