Displaying 15 results
United Advisor Group debuts as a new RIA aggregator
The independent registered investment advisor has partnered with Goldman Sachs Advisor Solutions for its custody services.
David Canter to exit Fidelity’s RIA custody business
The popular Fidelity exec has been in charge of the firm's registered investment adviser business since 2017, and has worked for Fidelity since 2009.
Fidelity Institutional adds new head of client growth
Rohit Mahna will report to Mike Durbin and fills the spot vacated in June by Sanjiv Mirchandani, who took part in Fidelity's sweeping buyout offer.
Is custody commoditized? The #3 custodian says yes
What should you consider when you are considering a custodian? Whether you are an existing RIA or a registered rep looking to make a move, LPL senior vice president Steve Earner has some useful tips.
Pershing lures custody business with latest turnkey offering
The new offering, called Pershing X, is headed by Ainslie Simmonds and will enable RIAs to outsource almost all of their practice management needs, like client relationship and investment management tools.
Goldman Sachs enters custody business with Steward Partners as first client
Steward will use Goldman for assets held at Umpqua Investments, which it acquired recently.
Morgan Stanley sells ETrade’s custody business in $55 million deal
CEO James Gorman never could muster much enthusiasm for ETrade Advisor Services, which would have been a direct competitor to the bank's 16,000 financial advisers.
What will Morgan Stanley’s James Gorman do with ETrade’s custody business?
The brokerage's Advisor Services won’t be an open doorway for Morgan Stanley’s 16,000 advisers to become independent RIAs — at least not yet
When it comes to RIA custody, how big is too big?
The DOJ’s antitrust squad has its eye on the RIA landscape, focusing on the Schwab-TD combo. The merger of these two companies may be too formidable to pass muster
Pershing’s new custody pricing goes head-to-head with Schwab
The new fee models include a zero-transaction-fee structure and a monthly subscription option
Top clearing and custody firms for financial advisers
InvestmentNews gathers client and asset data to assemble company rankings
Custody status continues to perplex RIAs
A decade after the custody rule was updated, custody status remains a riddle.
Even after SEC’s additional guidance, custody remains complicated rule for investment advisers
Compliance experts want agency to revisit regulation whose FAQs now run to 17 pages
Advisers complain to SEC about inadvertent custody
Agency official promises to clear up questions created by 2017 guidance.
LPL offers new custody service
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.
