An old friend to financial advisers is turning into a new worry.
With interest rates plunging and talk of deflation on the rise, advisers are getting anxious about holding cash in money market funds.
Advisers are currently holding greater portions of their clients' cash in this highly liquid and h
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The largest IDB will allow RIAs to hold fee-based assets with outside custodians; it's also rolling out its own custody platform for RIAs later this year.
Attention, registered investment advisers who keep assets at Bear Stearns: The big custodians are out to bag you.
Brokerage firms blithely doing mutual fund and annuity transactions by hand are paying a far greater cost than they realize, according to a report published today by Aite group LLC of Boston.
Charles Schwab Corp. is off to a good start at peddling home loans and insured deposits to its brokerage customers, but it remains to be seen whether the fledgling banking effort will be a big hit.
Charles Schwab Corp. is making another push to graft a big brain onto its athletic body as an earlier effort sputters.
