RIABizOpinion

Pershing reveal of 'Wove' kerfuffle during corporate restructuring last June raises questions about the No. 3 RIA custodian's direction; the task now lies with new RIA …

Ainslee Simmonds is out, and 'Wove' with her, as the unit attempts re-set under BNY insert Adam Vos, and Jim Crowley is moved ...
RIABiz

David Solomon eyeing near-term Goldman Sachs CEO exit, reports say, and his heir apparent looks RIA-friendly • DFA search for M&A partner went quiet, and complex …

The vampire squid may soon appoint a CEO with direct experience handling RIAs • DFA is not nearly in fire sale mode ...
RIABiz

Schwab is opening its SMA marketplace to a Houston start-up's 'cash' option that lets advisors chase 7.5% yields on FDIC-insured cash -- with a few wrinkles

The Westlake, Texas RIA custody giant is leery of infringement on its cash management turf, but Save, a niche player that ...
RIABiz

Schwab's Jon Beatty is one custody head offering a port in the storm after Fidelity unmoors its sub-$100M RIAs and Altruist's Jason Wenk , Apex's Bill Capuzzi and Tra…

The head of Charles Schwab's $6-trillion RIA custody unit says his firm already serves 11,000 of these micro-practices -- ...
RIABiz

Fidelity's move to kick sub-$100-million RIAs off its platform is 'bizarre,' Kitces says; it’s likely to backfire, Chalekian says; yet, the Fidelity-Savvy deal last week may ...

The Boston No. 2 RIA custodian shocked the RIA industry. Yes, RIA custody is a ‘broken' model and serving small firms can ...
RIABiz

Pontera 'reframes' itself from 401(k) workaround agent to trusted gatekeeper of AI agents -- possibly solving impasse with Fidelity -- as Schwab unleashes 'Charley' ag…

Pontera blogger describes onslaught of demand for 'trust overlay' in a world where agents need perpetual rapid vetting where ...
RIABiz

Pontera 'reframes' itself from 401(k) workaround agent to trusted gatekeeper of AI agents -- possibly solving impasse with Fidelity -- as Schwab unleashes 'Charley,' its new AI ...

Pontera Public Policy Director describes onslaught of demand for 'trust overlay' in a world where AI agents need perpetual rapid vetting where his firm lives.
RIABizOpinion

Merrill Lynch creates hefty new 'data' and 'shelf' fees and offers third-party managers who pay them a leg up when its 'thundering herd' recommends investments – but s…

The New York wirehouse was slow but also benefits as last mover among its peers, analysts explain -- it knows exactly how ...
Opinion
RIABizOpinion

Hightower Advisor CEO names two new presidents -- one to revamp the old rollup business, the other to develop the new single-system unit -- both with the objective of kindling ...

Marco De Freitas wil undertake the massive switch from Vanguard in November and Jennifer Frazier will mostly formalize her pre-existing oversight of Signature, the company's booming pet project ...
RIABiz

Marco De Freitas

Hightower Advisor CEO names two new presidents -- one to revamp the old rollup business, the other to develop the new single-system unit -- both with the objective of kindling buyer interest without a ...
RIABiz

Dan Phillips

Hightower Advisor CEO names two new presidents -- one to revamp the old rollup business, the other to develop the new single-system unit -- both with the objective of kindling buyer interest without a ...