Advisor M&A Growth Is ‘Subplot of a Bigger Story,’ Says Schwab’s Beatty
By James J. GreenRecord number of 2016 transactions reflects growth of RIA industry and confluence of buyers and sellers shared search for durable businesses.
February 17, 2017
Fidelity Posts 20% Profit Increase on Modest Revenue Growth in 2016"Careful cost management" provided $3.5 billion in operating income for the year on a 3.4% rise in revenue to $15.9 billion.
February 17, 2017
How RIAs Can Promote Their Fiduciary StandardWhether the DOL fiduciary rule gets repealed or not, clients will have questions. Here's how to get ahead of those questions.
February 17, 2017
Lincoln Financial, AIG Launch Fee-Based Annuities: Top Portfolio ProductsIn other product news, Tortoise, IndexIQ and First Trust launch new ETFs.
February 16, 2017
California Regulators Check 1% of BDs, Investment Advisor Firms: ReportLess than 270 exams took place in the 2015-16 fiscal year, according to the state's Department of Business Oversight.
February 15, 2017
New Robo-Advisor Targets Minority CommunitiesFinhabits is focused on minority clients because many Latinos and African-Americans don't have retirement funds, says founder Carlos Garcia.
February 15, 2017
First Republic, FiNet Grab Reps From Rivals: Recruiting RoundupA UBS advisor moves firms in SoCal, while two registered reps with LPL and Edward Jones join Wells Fargo Financial Network.
February 15, 2017
Acquired RIAs Have Become Acquirers: Dave DeVoeM&A expert says it was a "breakout year" for sub-acquisitions amid record dealmaking among RIAs.