RIABiz

News, Vision & Voice for the Advisory Community

RIABiz

Morningstar gives advisors a glimpse of fees RIAs are charging clients using PriceMetrix data

Price histories of 20,000 advisors are now at the fingertips of many Advisor Workstation users

Monday, April 2, 2012 – 3:44 PM by Lisa Shidler
Admin:
no description available
Doug Trott: It'd be premature to share names, but we have dialogues going with three of the custodians.

Related Moves

UBS bets its 'wealth' future on ex-Schwabbie Naureen Hassan, a corporate digital A-lister, who analysts give a fighting chance to transcend PaineWebber's ossified culture

Still a $2-billion cash-flow cow, the Swiss bank's 6,000-broker, US-based wirehouse is milking aging broker relationships with aging investors but needs a new kind of human presence, empathy, mindset and smarts to draw in Gen Z.

July 16, 2022 – 1:35 AM

Jeff Mello is latest to join eMoney's talent exodus but CEO Ed O'Brien says it's healthy renewal at a firm that added several hundred people since Fidelity bought it

The ex-Goldman Sachs director of strategy and planning at eMoney joins a growing list of departures exacerbated, sources say, by Fidelity putting a wobbly performance reporting software project -- and staff -- on its plate

February 28, 2020 – 11:09 PM

Pete Giza and Damon Deru go for Holy Grail of portfolio rebalancing with software that shuffles stocks, bonds... and asset classes; Believe it?

The RedBlack and TradeWarrior executives see old systems as 'archaic' yet know that the Black Diamonds, Morningstars, Orions and Tamaracs see rebalancing as a loss leader

June 11, 2019 – 9:49 PM


Mentioned in this article:

Nexus Strategy
Consulting Firm
Top Executive: Timothy D. Welsh

Morningstar, Inc.
TAMP
Top Executive: Joe Mansueto

PriceMetrix
Data and ratings for RIAs
Top Executive: Doug Trott




Frederick Van Den Abbeel

Frederick Van Den Abbeel

April 2, 2012 — 4:13 PM

Interesting perspective and article. PriceMetrix should start with those custody providers that also operate their own internal RIAs which are actively marketing their fee for advice services to the public.

RealityCheck

RealityCheck

April 2, 2012 — 4:54 PM

This pricing data really only applies to the mass affluent as Alternative Investments are not an option to select as an asset class. This lead me to believe that the data they are showing is skewed as they will be biased more to the smaller account values which tend to have higher fees. They should really post what the median account value is for their data set to see how accurate the pricing assumption is. In the end most RIAs now their pricing pretty well as there is a lot of survey and benchmarking data out there and this tool seems a bit useless as it only covers account mainly below $1 million and leaves out the HNW data .

RIABiz Directory

The Industry Sourcebook for RIAs

   |    LISTING


RIABiz Directory sponsored by:

Directory Sponsor Logo