Helping the growth of mega-RIAs overshadows technology as a custodial differentiator
With a $2,000 minimum and fractional shares, the custodian is bringing direct indexing to advisors serving client accounts below the traditional six-figure entry point.
New features promise faster analysis of client returns and documents, helping RIAs surface tax insights and produce planning outputs in minutes.
Leaders at Axos and Betterment describe how integrated tech, hands‑on transition support, and modern workflows are helping to win over breakaway advisors.
Nearly 5,700 advisors now use Altruist, which says “many, many advisors” have come to its platform after Schwab's squeeze on its RIA referral program.
As Schwab forces clients to reset credentials to curb third-party access, the 401(k) fintech Pontera maintains "Fidelity stands alone in its decision to lock out thousands of consumers from their own accounts."
RIAs need strong asset safeguarding strategies during economic downturns. Find out how to protect client portfolios and manage risk in the US market
"I think this is the exact time and perfect opportunity for TradePMR and Robinhood to do this because many custodians run retail businesses that compete directly with advisors for end-client relationships," TradePMR's Robb Baldwin told InvestmentNews.
InvestmentNews caught up with Altruist CEO Jason Wenk after his time at Future Proof to discuss the conference, Altruist's deal with Josh Brown's Ritholtz Wealth Management, and Robinhood's planned entry into the RIA custody market.
Schwab's referral program has not changed its fees in almost 20 years.
The clearing and custody giant is kicking the tires on new cash sweep plan with broker-dealer clients.
When going RIA, should you have one, two or eight custodians? Advisors share their experiences.
Prospective RIAs see the potential for more profit and flexible but there are some fundamentals you need to figure out first.
The partnership will unlock educational resources, analytics, and tools to help advisors manage annuity sales on Pershing’s platform.
Both veteran and newbie RIA firms have a huge number of RIA custodians to choose from. Here’s a way to narrow it down for you
When choosing your RIA firm’s custodian, what qualities or factors should you look out for? Get to know more in this article
How do you choose the RIA custodian that’s best for your firm? Here’s a guide on how to do it, along with advice from a couple of industry veterans
The SEC recently proposed sweeping changes to the Custody Rule. Here’s a look at the Custody Rule and some of the proposed amendments
Innovayte is targeting RIAs with $100 million to $800 million in assets and will be led by Catherine “Cat” Davies, a clearing and custody industry veteran.
The approach, which is commonly part of an independent advisor's succession plan, also offers smaller firms the chance to scale quickly and efficiently.
