RIA custodian is also "taking a look" at role of Morningstar in selecting funds and considers sharing data on advisers, according to an executive.
Regulators are concerned that brokers are jumping into the RIA channel to take advantage of a lax regulatory climate.
There are more business models in the independent space to choose from than ever before
Participants want professional retirement-planning advice, but many aren't using it when offered, according to a Schwab study, giving advisers a chance to shine.
Just as the two-year-old wealth management venture of Cantor Fitzgerald & Co. has been looking to regroup after a slow recruiting year and the departure of two top executives, a third senior executive has left.
Philadelphia-based myCIO Wealth Partners is latest deal in year of sky-high valuations for wealth managers.
More advisers are turning to practice exams to help evaluate compliance risks and identify oversight gaps before the SEC comes knocking.
<i>Breakfast with Benjamin</i> Pimco finds itself in choppy waters without Bill Gross at the helm.
Ohio firm Carnegie Investment Counsel's move to the suburbs increased productivity and convenience for clients, according to Gary P. Wagner, a principal of the firm and its chief operating officer.
Sales of 25 top 'liquid alts' mutual funds will come under greater scrutiny from the state regulator.
<i>Breakfast with Benjamin</i>: Investment manager Joseph Zada could face 20 years in prison after being convicted for bilking ex-Detroit Red Wings star Sergei Fedorov (pictured) out of $43 million.
Explore adviser compensation in the 150 most populous metros across the country with this interactive map.
Price tags for services vary, and advisers should weigh those against the larger marketing budget.
The former White House intern will be the keynote speaker at the Peak Advisor Alliance Excell conference this fall.
Twelve-year-old shop becomes third Georgia-based firm to join the rollup, which has its eyes on the Southeast.
Custodians are stepping up their game at the same time regulators are putting an emphasis on business continuity and succession
FOLIOfn Investments said it plans to offer the exchange-traded managed funds when they start trading.
The regulator wants advisers to develop continuity plans to avoid major disruptions to clients and markets.
In its sales turnaround, third largest U.S. fund company relies on retention of existing advisers and lower-cost share classes.
More deal sweeteners are being used by custodians to lure big breakaway teams. </br><b><i>(Plus: <a href="http://www.investmentnews.com/section/specialreport/20150809/CLEARING" target="_blank">Our special report on custodians and clearing firms</a>)</b></i>
