After settling with the SEC for $250,000 over two compliance issues, Peter Mallouk explains what he quietly and painfully experienced as his RIA grew from $15 billion to $36 billion

The CEO of Creative Planning ran into trouble after a local radio host became a client and part of his advertising. The host/client then enthused about his wealth manager well past the SEC's testimonial tolerance

September 17, 2018 — 4:09 AM UTC by Guest Columnist Peter Mallouk

Brooke's Note: During the past few years, we have written about the growth of Peter Mallouk's RIA, Creative Planning of Leawood, Kan., which has been off the charts. In 2016, it was at $15 billion. Today, $36 billion. See: Peter Mallouk has ...

Founded in 2017 to produce ultra-beta ETFs, Salt Financial goes full 'meritocratic' in poaching 27 year-old Dow Jones beta hunter -- seriously, beta hunter -- to lead research for volatility tracking ETF roll out

The juiced-return index products designer installs Ryan Poirier, a prodigy Dow Jones researcher as director

September 14, 2018 — 8:34 PM UTC by Oisin Breen

Brooke's Note: So much talk of trusting millennials to take critical roles and so little evidence that it happens -- at least in the advisor business. Here's a good exception where Salt Financial is putting Ryan Poirier in charge of a newfangled product that requires ...

After winning Merrill Lynch, FactSet CEO Phil Snow is challenging Big Data for downmarket RIAs, but convincing them to buy a box is an up-sell nightmare

FactSet scored its largest deal ever this August, landing the 15,000-strong Merrill Lynch wealth management arm; Next, CEO Phil Snow is targeting RIAs, but they'll be a much harder audience to up-sell terminals

September 12, 2018 — 8:08 PM UTC by Oisin Breen

Not content with snatching Merrill Lynch from heavyweight rival Thomson Reuters, FactSet CEO Phil Snow is pulling out all the stops to become the Bloomberg of RIAs. But before he can up-sell terminals, he'll have to come up with a reason to explain why RIAs even ...

A 31 year-old CEO raises $33 million for very RIA venture -- buying too-small RIA accounts, then serving them on a Merrill Edge-type platform in Baltimore

As LearnVest cedes the B2C financial planning niche, Anders Jones gets cash from Warburg Pincus to go after that market with a whole new approach; it includes cozying up to the RIA M&A boys and reinventing how human advisors plan

September 11, 2018 — 10:07 PM UTC by Brooke Southall

After hearing Anders Jones get grilled by Steve Dunlap on the stage at Dan Seivert's conference Wednesday afternoon, I had lots of details burning a hole in my pocket that I then added back into this article. One example is the decentralized "call center."

Brooke ...