Displaying 63 results
Growth or flexibility? Fintechs must choose
Fintechs may find themselves mimicking some of the same strategies advisors use to demonstrate the value they bring to clients during difficult markets.
Dynasty IPO is still in the cards, Shirl Penney says
Despite Dynasty's sales of minority ownership stakes to Schwab and a private equity investor, a public stock offering is still the best long-term strategy for the platform, the CEO says.
J.P. Morgan, Charles Schwab and Edward Jones deliver best mobile wealth management apps: J.D. Power
J.P. Morgan Wealth Management scored 728 out of a possible 1,000 points in J.D. Power’s study, which was based on a survey of more than 6,000 investors.
Schwab responds to investor activism by giving fund shareholders more say in proxy voting
Pilot program marks the first time mutual fund and ETF investors have been asked their opinions on proxy matters.
Wealthy shift billions to donor-advised funds to gain tax breaks
Private foundations are using the funds to sidestep federal laws designed to make sure the wealthy donate money to the needy in a timely fashion, not delay the gifts for generations.
New thinking on neurodiversity opens doors for advisers
Autism, Asperger's, dyslexia and other neurological differences open surprising opportunities for talent and employers.
Schwab crypto ETF begins trading
The fund, which began trading on the NYSE Arca exchange, tracks the firm's Crypto Thematic Index.
Inflation already slicing into retirement saving, says Schwab 401(k) survey
The nationwide study shows 79% of workers are changing their saving and spending habits because of inflation.
The latest in financial #AdviserTech — July 2022
This month's roundup looks at Schwab's $187 million settlement with the SEC, Bento Engine's funding round, and RIA In A Box's launch of a RolloverAnalyzer solution.
Creative Planning, Schwab, Fidelity fighting adviser’s collusion charges
The firms named in the adviser's complaint go to 'corrupt and malicious lengths ... to keep their illicit profit mill churning,' according to the lawsuit.
New technology helps advisers convert prospects into clients
Less than half of advisers are keeping track of how many of their prospects become paid clients.
Schwab lets DIY clients see MSCI ESG stock ratings
About a quarter of Schwab’s retail clients said their values or personal interests factor into their investment decisions.
Advisers are thrilled about Elon Musk’s bid to buy Twitter
The advice industry's usual fears and concerns around tech M&A have been replaced with unbridled enthusiasm.
Schwab to offer T. Rowe institutional shares commission-free
Five years after competitor Fidelity launched its no-transaction-fee platform for institutional shares, Schwab is following suit in a similar deal with T. Rowe Price.
A link to ink leads to a tattoo artist advisory niche
Colton Etherton admits he was nervous about carving out such a unique niche, but he now knows he made the right decision.
Schwab’s Clark, Fidelity’s Canter challenge Kitces over custody fees
Executives from the largest custodians offered Michael Kitces the opportunity to debate his ideas for restructuring custody fees. Kitces took to Twitter to accept the challenge.
Galvin takes swipe at Charles Schwab over unregistered adviser
The Massachusetts Securities Division discovered the alleged illegal activities while investigating a complaint of exploitation of senior citizens.
GameStop lawsuits allege ‘conspiracy’ bigger than Robinhood
Legal experts say the cases will have a monumental challenge overcoming motions to dismiss. The lawsuits allege online brokerages entered into an agreement and conspiracy to prevent the market from operating normally.
What it means to be iconic
The individuals and firms highlighted in this issue represent the efforts being made to improve service to all clients across the advice spectrum. That description fits this year’s Icon, Sallie Krawcheck, perfectly.
I was an RIA summer intern: Here’s my advice to advisers
The main reason I believe students are unfamiliar with this profession is that the opportunity is not on the radar at many college campuses
