The 10 RIABiz stories advisors connected with most deeply in 2016 and how hubris and humility ran amok in this didn't-see-it-coming year
How did Aequitas swamp CONCERT? Power outages at LPL, Cetera and Wealthfront? Adolescent robo problems? And was that Tony Robbins hawking his money book ... again?
|December 28, 2016 — 5:54 PM UTC|
Vanguard and BlackRock slash prices at Christmastime but only Vanguard feels the need to defend its actions
The Malvern, Pa. giant is just doing what it always does, CEO Bill McNabb says, and it isn't just 'another volley fired in the fee war'
|December 27, 2016 — 5:27 PM UTC|
Vanguard virtual RIA's growth rate plummets from 50% to 32% with a staggering consolation -- another $10 billion in AUM since January
Now at $41 billion, up from $31 billion six months before, Vanguard gorged on easy cannibalization but classic RIAs are also losing assets to the Malvern growth engine
|August 2, 2016 — 9:30 PM UTC|
E*Trade finds now the right time to launch its e-advice robo with an 'active' twist
The New York-based discount broker means to put $1-million minimum-bogey institutional funds in the hands of retail investors
|July 8, 2016 — 11:11 PM UTC|
Vanguard's virtual RIA adds $10 billion in last six-month period, an acceleration to $1.6 billion per month of net new assets
Does Vanguard's Personal Advisor Services' zoom to $31 billion makes it a the 'single greatest threat' to classic RIAs?
|January 12, 2016 — 10:40 PM UTC|
What the collective unconscious of RIAs in 2015 revealed as crunched by RIABiz article readership
Those taking new and interesting risks, very much including the ones behind robo efforts, created the kind of drama that an advisor mind could appreciate
|December 28, 2015 — 5:22 PM UTC|
Why Vanguard Group has proved impervious to a '$34.6 billion' whistleblower suit and why nobody's suggesting Vanguard execs should breathe easy
The SEC documented a 1981 OK on the asset manager's 'at-cost' fee structure - but if the IRS is egged on it could cost Vanguard bigtime in back taxes, penalties and future business
|December 22, 2015 — 8:09 PM UTC|
LPL CEO floats orphaning 3% of its brokerage business in prelude to DOL 'travesty'
Mark Casady says he may lop off brokerage accounts of $15,000, citing looming rule changes
|October 30, 2015 — 6:28 PM UTC|
Capitalizing on 'unintended consequences' of DOL changes, Ken Fisher pounces on a fat-margin 401(k) opportunity
DOL greased the skids for closed-architecture approach of $60-billion RIA -- as long as it is discloses use of proprietary funds and sets flat fees that apply to them
|October 15, 2015 — 5:28 PM UTC|
10 years after Eliot Spitzer, Vanguard Group changes back its frequent trading policy
The 60-day rule hurt investors more than helped, the Malvern, Pa. firm's exhaustive studies concluded
|September 25, 2015 — 8:05 PM UTC|