Brooke Southall

Commonwealth has an edge in the independent space with only 10% of it revenues being in commissions. The entire industry is moving from transactions to fee for services including the major custodians who are being drawn into fiduciary liability.  As prudent experts trade execution cost in excess of zero represents fiduciary liability recoverable through litigation.  The principle added value is not the clerical function of trade execution but prudent process (asset/liability study, investment policy, portfolio construction, performance monitor) authenticated back to objective, non-negotiable fiduciary criteria, which puts financial services back into the financial services business. SCW

Advent's parent buys Salentica to bolster Black Diamond CRM

Advent

Junxure

SalesForce

Salentica

Orion Advisor Services

Redtail Technology

Black Diamond (An independent business group of Advent)

Envestnet | Tamarac

Greg Friedman

Eric Clarke

David Welling

Bill Rourke

<p>The RIA business has many tech vendors working hard to serve its diverse needs, and we're seeing technology become a more crucial part of setting up and running an RIA than ever before.</p>

<p>The Technology section includes unbiased tech reviews, tech-related news, and coverage of tech-related conferences.</p>

Technology

SS&C promised to buy David Welling lots of M&A toys to sweeten his firm's Black Diamond offering and now the big Salesforce-Microsoft reseller begins to fulfill that promise

RIABiz

Directory

Archives

Connect

RIABiz

.css-1wxybbc{display:inline;font-size:1rem;color:inherit;}.css-1wxybbc p{display:inline;}.css-1wxybbc:hover,.css-1wxybbc:focus{color:#c5d9eb;-webkit-text-decoration:underline;text-decoration:underline;}Directory

Archives

Connect

Directory