RIABiz

News, Vision & Voice for the Advisory Community

RIABiz

Scottrade is ramping up marketing -- with an interim leader at the helm

The St. Louis-based discount broker has big momentum and a big position to fill

Author Brooke Southall February 24, 2010 at 7:33 AM
2 Comments
no description available
Steve Walkenbach is heading Scottrade's RIA custody unit but the company is seeking a replacement for Doug Talir

RIA Custodians


Mike

Mike

February 19, 2014 — 7:35 PM

This should be updated. Scottrade does have a minimum AUM, but will not disclose that to anyone. I started my own RIA from scratch and used Scottrade. After only a few months I received a letter asking me to find a new custodian due to low client base and low account activity. This is even after they initially promised me that a slow start would not be a problem. There were also many other advisors who received the same letter. Anyway, I have since moved elsewhere and it’s working much better without Scottrade.

Brooke Southall

Brooke Southall

February 19, 2014 — 8:25 PM

Thanks for this update,

Give me a call if you get a sec.

Brooke
415-389-8207


Related Moves

July 23, 2019 at 4:30 AM

Another A-list RIA Schwabbie lands on his feet -- this time at DeVoe & Co. -- after TD Ameritrade merger displacement of 2,000-plus

Tony Parkin takes the reins as president of the San Francisco M&A shop and reunites with ex-Schwab boss who left 14 years ago

May 10, 2024 at 1:29 AM

Christa Carone, an ex-Fidelity and Xerox marketing whiz, steps onto a slippery slope at LPL with a daunting task -- to consolidate a NASCAR size brand portfolio... or not?

With no CMO since August, the chief marketing officer will play catch up for a company still hungry to buy more branded B2B and B2C players.

April 2, 2024 at 1:28 AM

A canary in the coal mine, Amy Richardson left Charles Schwab & Co. for an RIA -- before the 2,000 layoffs -- now a robust job market is saving the Schwab diaspora, she says

The former Schwab director wants former colleagues to know life exists after Schwab and good job opportunities are plentiful in the financial services sector.

December 20, 2023 at 1:52 AM

See more related moves

Mentioned in this article:

TD Ameritrade
Asset Custodian
Top Executive: Tom Nally

Scottrade Advisor Services
Asset Custodian
Top Executive: Brian Stimpfl



RIABiz Directory

The Industry Sourcebook for RIAs

   |    LISTING


RIABiz Directory sponsored by:

Directory Sponsor Logo

White Paper Postings


Common Tags


Recent Articles


Popular Writers


RIABiz logo

RIABiz

About Us

Directory

Archives

Connect

RIABiz, Mill Valley, California
Copyright © 2009-2024 RIABiz Inc. All rights reserved.