RIAs With $410M in AUM to Custody With Raymond James
By Janet LevauxFour firms, including an ex-Ameriprise affiliate, join Raymond James' RIA division with combined assets of $410 million.
December 13, 2011
Envestnet Closes on Acquisition of FundQuestEnvestnet, headed by Judd Bergman, pays $24 million for FundQuest; $8 billion added to Envestnet platform. FundQuest CIO Clift to become chief investment strategist at Envestnet|PMC.
December 08, 2011
The Outsourcing Boom: Technology and BeyondWhy, how and where RIAs are discovering the benefits of third-party outsourcing.
December 08, 2011
Advisors Rediscover the Value of Talking Directly to ClientsThe latest AdvisorBenchmarking survey shows big increases in advisor use of face-to-face meetings and telephone calls with clients, while they remain skittish on social media.
December 01, 2011
Timing of SEC’s Fiduciary Rule Debated at CFA ConferenceWhile optimism remains that the Securities and Exchange Commission will issue a rule putting brokers under a fiduciary mandate, the question being debated among industry and consumer officials is exactly when it will happen.
November 28, 2011
Reality CheckI was recently accused by one of my friends of being a numbers guy, which, as a former philosophy major and professional journalist, I found quite amusing.
November 28, 2011
SEC Charges Three Advisors With Compliance ViolationsThe SEC on Monday charged three investment advisors for failing to put in place compliance procedures designed to prevent securities law violations.
November 23, 2011
Disclosure UpheavalIn 2012 two new fee disclosure regulations will take effect for 401(k) and similar retirement plans. These new regulations were issued and will be enforced by the Department of Labor (DoL) and the IRS.