Dan Seivert: It's so eye-opening to put it out to the audience.

After storming PIMCO, Dan Seivert puts LA on RIA map with high-aptitude Summit

Appropriating the bond giant's Newport Beach headquarters was a masterstroke that took the investment banker's 'deal' event to an RIA MBA cram course

September 22, 2017 — 9:51 PM UTC by Brooke Southall

Brooke's Note: I've said it before. Nobody has ever created a true RIA conference. Sure, RIAs get invited as the primary guests to events every week. But ultimately vendors of products and services make a giant dent on the agenda. It's off-the-shelf infomercial ...

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Peter deSilva will be president of retail distribution at TD in October after less than two years at Scottrade.

A look inside the agonizing decision to cut Tom Bradley from TD Ameritrade and what doesn't seem to add up

CEO Tim Hockey accords Peter deSilva a cultural edge as retail chief though Scottrade only hired him in 2016 -- either way there's 'no place' for Bradley after a 30-year run at TD

September 21, 2017 — 6:31 PM UTC by By Lisa Shidler

Brooke's Note: Not once did I hear speculation that Tom Bradley's fate was hanging in the balance. Bradley just seemed to be hitting his stride in bringing his winning RIA ways to TD's branches, which are morphing into more RIA-like entities. Never mind that in ...

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Louis Navellier: All Navellier and sub-advised portfolios have GIPS-complaint fact sheets and we have been GIPS-compliant for 20-plus years.

Louis Navellier ready to present 'extremely strong defense' to daunting SEC fraud charges

The Florida-based mutual fund owner says he advertised using GIPS-compliant material such that: 'I didn't sell this at all'

September 19, 2017 — 12:19 AM UTC by James Picerno

Brooke's Note: Louis Navellier is unbowed in the face of withering charges of fraud from the SEC. See: Navellier is latest to catch F-Squared affliction as SEC broadens parameters of wrongdoing. The case may boil down to whether or not a jury buys his ...

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Michael Kitces: Was there a major downturn on the CFP Board’s 2016 Form 990 that we just can’t see yet?

Michael Kitces attacks CFP Board for jacking fees 17% in name of 'strategy' when the certificant is flush with $20 million in reserves

The Board defends murky financials and a 'buried' hike as overdue -- even when it's operating at a $1.3 million surplus

September 18, 2017 — 7:23 PM UTC by By Lisa Shidler

Brooke's Note: The truth is that any Board that can dole out certificates of inclusion on its own terms of testing, behavior and pricing possesses mighty monopolistic powers. Those powers expand exponentially as the designation becomes recognized as a standard seal of approval for ...

9 Comments
Bill Stone: We are investing $150 million cash in R&D every year.

SS&C overlords culturally shock Black Diamond RIAs in Chicago with heaviness and wow them with well-funded competency

'Intense' SS&C CEO Bill Stone let 1,000-strong attendees know they are part of $500-million cash cow not afraid to make strategic purchases

September 15, 2017 — 7:10 PM UTC by Guest Columnist Tim Welsh

Brooke's Note: As I debriefed Tim Welsh ahead of editing his column, he explained the components of his culture shock expressed in this piece. For one, he'd just come from Orion's super-down-home conference, "FUSE", in a Utah suburb. Second, he'd missed ...

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An old-line Aussie life insurer, AMP takes up a good chunk of the Sydney skyline.

United Capital begins recapitalization and continues repeopling exec ranks -- both prompted by asterisked $6.9-billion of 'contracted' assets

Sydney, Australia's AMP invests 'tens of millions' in the firm but not to pay off existing PE partners whose stakes stayed static

September 14, 2017 — 7:57 PM UTC by Brooke Southall

Brooke's Note: Make no mistake -- there is a mysterious aspect to United Capital's three pieces of news, to wit: three hires, one suitcase of cash from an Aussie giant and an inscrutable $6.9 billion of 'contracted assets' --  all being announced simultaneously within some ...

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Richard Powers: If [new products] don’t differentiate in product design or exposures, some form of traditional active is how many firms look at ETF’s as 'my only shot.'

Morningstar renders ETF verdict by discontinuing ETF-only conferences after category becomes the Vanguard-BlackRock show

Smaller, newer ETF players are forced to pursue micro-niches and active management -- only to encounter the big players lurking there, too

September 13, 2017 — 5:26 PM UTC by Graham Thomas

Brooke's Note: ETFs have a bright future. Morningstar has a bright future. Neither seems remotely replaceable. But human characters as diverse in nature as Chip Roame, David Booth and Jack Bogle have long cautioned that nobody should count mutual funds out. That Morningstar is now ...

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