DeVoe Departs Schwab to Form Advisor M&A Consulting Firm
By James J. GreenWill provide strategic consulting and valuations, and arrange financing for mergers and acquisitions for advisors.
November 16, 2011
Morgan Stanley Pays $3.3 Million in SEC Crackdown on Fee ArrangementsThe SEC on Wednesday charged Morgan Stanley Investment Management with violating securities laws in a fee arrangement that repeatedly charged a fund and its investors for advisory services they werent actually receiving from a third party.
November 14, 2011
More RIAs Developing Succession Plans: TD Ameritrade SurveyMore advisors are developing a formal succession plan, with most saying they will name an internal successor, according to a survey released Monday by TD Ameritrade Institutional.
November 11, 2011
Sapient Joins Focus as PartnerIndependent fee-based RIA Sapient Private Wealth Management has become a Focus Financial Partner. It is the fourth partner to join Focus Financial Partners, and the eighth deal, including subacquisitions, made by the firm in 2011.
November 11, 2011
Scott David of T. Rowe on Adding Its Funds to Schwab's NTF Platform: Schwab Impact VideoThe head of distribution for T. Rowe Price talks to AdvisorOne's Jamie Green about adding T. Rowe's mutual funds to the Schwab OneSource NTF platform, and what he's learned from his highly respected predecessor, John Commack.
November 11, 2011
Advisors Crave More Control Over Asset Management: Aite'Clearly, advisors crave more control in the asset-management process,' says the Aite Group's report, 'Managing Wealth: Advisor Perspectives on Investment Products and Fee Business.'
November 10, 2011
Senate to Grill SEC Chiefs at Oversight HearingA Senate Banking Subcommittee plans to hold a hearing on Nov. 16 on management and structural reforms at the SEC, with Robert Khuzami and others facing off with the Senators.
November 04, 2011
RIA Trailblazer, John Coghlan, Is Lauded at Schwab ImpactThe former Schwab employee is recognized for seeing early on the value, and potential, of the independent RIA model.