How RIAs took one approach to Brexit and asset managers another -- and why only the latter group has egg on its face
With the markets virtually even with a week ago, asset managers now need to contend with all those already shopworn webinar ideas that followed their inability to predict the Leave vote
|June 30, 2016 — 8:09 PM UTC|
Alert to Pershing's API move and eMoney's dashboard acumen, TD Ameritrade brings its API partners to Texas to drive home its first-mover advantage
TD does (almost) Dallas as it announces 100-plus third-party vendor integrations while keeping an eye on the competition
|June 30, 2016 — 12:05 AM UTC|
Betterment explains why its Brexit-sparked trading halt on Friday wasn't 'suspended' trading
The $4.8-billion robo-advisor frames its trading actions in terms of discretionary management of assets but the prerogative it asserts puts RIA clients in a tight spot
|June 28, 2016 — 10:43 PM UTC|
DOL rule still has feet tangled in the struggle to define difference between 'suitability' and 'fiduciary'
Fiduciares keep flunking a definition of useful accountability and the giant brokerage lobby keeps exploiting its 'F'
|June 27, 2016 — 6:26 PM UTC|
Betterment shut down trading post-Brexit to dodge 'trading blindly into extraordinary volatility'
The New York-based robo takes a 150-minute time-out saying to do otherwise would have been 'irresponsible'
|June 24, 2016 — 7:08 PM UTC|
The inverted reverence dynamic at The In|Vest event and why Bill Crager is so over it
Tomorrow is here: Wirehouse execs and IBM types play groupies as robo-founders leaned back in their chairs
|June 23, 2016 — 6:19 PM UTC|
Schwab wows EXPLORE 2016 crowd with revived bid to advertise RIAs with two magic ingredients: Schwab branding and a budget of 'millions' of dollars
Though skeptical observers call the effort window dressing, the San Francisco custody giant is incorporating lessons learned from the lackluster RIA-Stands-For-You campaign of 2011
|June 22, 2016 — 7:50 PM UTC|
At mostly morose Morningstar conference, mutual fund wholesalers play cards face-up on perma-dislocation -- and the glimmers of hope that innovation provides
The Chicago conference had a somber feel as it sought answers and as RIAs bemoaned structural impediments to using low-cost institutional retirement funds
|June 21, 2016 — 8:04 PM UTC|
The overnight maturation of In|Vest 2016 was like green bananas going straight to brown for some but Joe Duran made sure it bore fruit
A pure robo, a quasi-robo, an RIA-herder and an insurance man walked onto a panel, riffing on Jon Oliver's scathing fiduciary take
|June 20, 2016 — 8:41 PM UTC|
What Neesha Hathi told the In|Vest 2016 in NYC crowd in her debut as Schwab robo chief -- and how she elicited one gasp from the crowd
Though declining to offer a glimpse of the future, Hathi surprised with stats showing Schwab is succeeding against the upstart robos with older, less web-savvy customers
|June 17, 2016 — 8:58 PM UTC|