Judson P. Doherty will be responsible for the delivery of PMFM’s 401k Toolbox service.
The wealth-management firm will launch an open-architecture platform with O.N. Investment Management Co.
Investors Capital Advisory Services, the registered investment adviser of Investors Capital Holdings, has formed a strategic partnership with Biondo Investment Advisors, an institutional money manager.
Under the program, RIAs working with Fidelity will have access to affordable medical, dental and vision insurance.
The portal gives advisers access to fund attribution analysis, portfolio commentaries, portfolio holdings analysis, and sector/security attribution.
Pershing has added Calamos Asset Management to its FundVest no-transaction-fee mutual fund platform.
RIA firms racked up $1.4 trillion in assets this year, compared to $950 billion in assets in 2005.
The Oregon College Savings Plan will combine principal protection with upside potential.
The 401(k) arena now demands specialized advisers, said Phil Chiricotti, president of the Center for Due Diligence.
The registered investment adviser will pay $32.5 million to settle market-timing charges with the SEC.
Fidelity Registered Investment Advisor Group today became Fidelity Institutional Wealth Services.
RIA firms grew assets by 15% last year, and revenues by 18%, according to a study released today.
The average registered investment adviser will see its staffing needs more than triple over the next five years, to 16 employees from five, according to a new study, an advance copy of which was provided to InvestmentNews by the sponsor, Pershing Advisor Solutions LLC.
WASHINGTON — Estate planning lawyers are increasingly worried that Congress may not act on estate tax reform before the estate tax repeal expires at the end of 2010.
Assets under management for the average SEC-registered investment adviser are expected to leap 256% to $1.6 billion by the end of 2012, from $449.6 million at the end of 2006, according to a study that will be released tomorrow.
Registered investment advisers are the fastest-growing distribution channel for mutual-fund-based small-business 401(k)s. Starting from a small base, they are adding assets at the rate of about 14% a year, according to Boston-based Financial Research Corp.
Wealthy investors who use registered investment advisers are only indexing 3.8% of their marketable securities.
Edward C. “Ned” Johnson III has given the adviser services business at Fidelity Investments approval to loosen temporarily constraints on its profit margins in a bid to gain market share among advisers.
Fidelity Investments, in cooperation with Oracle Corp. and Emerging Information Systems Inc., has created two web-based customer relationship management and financial planning systems for registered investment advisers, the Boston-based firm announced today.
A new firm is assisting insurance agents in becoming registered investment advisers so the agents can obtain fee income from advice and securities products.
