Pershing Augments Trust Network
By Marlene Y. SatterPershing LLC, a BNY Mellon company, announced Wednesday that it has enhanced its Trust Network with the additions of Comerica Bank & Trust and New York Private Trust Co. Trust Network is the open-architecture platform that enables Pershings introducing broker-dealer and independent RIA customers to offer their clients a wide...
October 26, 2011
Retention and Recruiting in the RIA Space: Mike Di GirolamoIf you want a handle on whats happening in the RIA space (mergers, acquisitions, recruiting, retention), there are few better people to turn to than Michael Di Girolamo.
October 26, 2011
New Hire Roundup: Reinhart Joins Wealthcare Capital, Bowden Goes to SECThis week in new hires, Len Reinhart joined Wealthcare Capitals board, Andrew J. Bowden was appointed the SECs new associate director of advisor exams, and the Senate confirmed Luis Aguilar and Daniel Gallagher as SEC commissioners.
October 26, 2011
Most Investors Don’t Know How Bonds Are Priced: Schwab StudyAdvisors want more access to the byzantine world of bond buying, Charles Schwab senior V.P. Peter Crawford tells AdvisorOne, but a study from his firm shows brokerages arent sharing enough information.
October 25, 2011
TD Ameritrade Posts Big Gains in Net Income, Revenue for Q4, FY 2011Company reports record net new client assets of $41 billion during fiscal year; plans further stock buybacks.
October 25, 2011
DOL Probing Improper BD, RIA Compensation From ERISA PlansThe Department of Labor has recently investigated eight BDs under Consultant/Adviser Project, focusing on improper compensation by benefit plan consultants and investment advisors.
October 21, 2011
IAA’s Tittsworth: Fiduciary Ruling Likely in Q1 of 2012: RISAt Retirement Income Symposium, David Tittsworth provides recent history and likely next developments on fiduciary standard for all.
October 19, 2011
Fiduciary Duty Main Reason Clients Choose to Work with RIAs: Survey (BenefitsPro.com)Fiduciary duty is the No. 1 reason clients choose to work with independent registered investment advisors, according to a recent advisor sentiment survey released by TD Ameritrade Institutional.