News, Vision & Voice for the Advisory Community


Articles published 11/2009


Publish date

Rudy Adolf: Some people just want to make a lot of noise

What's really going on with Focus Financial?

Somebody is going to be unhappy in a large organization, Adolf says

November 30, 2009 at 6:17 AM

Like Tom Turkey, many RIAs were thankful to survive 2009

Taking A Break From the Turkey?

RIABiz's top 10 stories from the past month offer a window into what RIAs care about

November 26, 2009 at 4:28 AM

Charles Goldman: Service and knowledge of clients’ accounts is not the place to skim.

Goldman aims to make red carpet service for RIAs universal at Fidelity Investments

Boston investing giant is showering tip-top clients in service but it won't stop there, advisor exec says

November 24, 2009 at 6:14 AM

Dan Vickrey: “We’re concerned about money because we have a career that could end any day.”

How an RIA won a Counting Crow away from a Paine Webber broker

Vickrey takes the advice of fellow Crow's father

November 23, 2009 at 6:23 AM

Malcolm H. Gissen: “I think there’s some ego involved to be honest.”

San Francisco RIA is knockin'em dead in mutual fund land

Gissen invests in small companies, focuses on communication with executives

November 23, 2009 at 6:17 AM

Barnaby Grist: “The success of independent investment advisors has not gone unnoticed by the industry at large."
November 20, 2009 at 1:33 PM

Share your breakaway story: email elizabeth@riabiz.com
November 20, 2009 at 6:23 AM

Les Abromovitz: Not surprisingly, advisors' hypothetical case studies have happy endings.

Advertising practices that can raise the hackles of regulators

Photos, staff plaudits and hypotheticals are still testimonials by any other name

November 19, 2009 at 4:05 PM

Matt Abar: "I do feel responsible for what happened."

[Story preview] Matt Abar is back to tangle with Advent Software -- with a vengeance

Techfi founder is making up for lost time after noncompete expires

November 19, 2009 at 4:57 AM

FinFolio's graphs are all available on-the-fly, without running reports.

FinFolio looks to offer unprecedented flexibility and power, with an intuitive interface

Nevin reviews upcoming Portfolio Management System from the makers of AdvisorMart

November 19, 2009 at 4:55 AM

Doug Swope: There’s no independence per se [at a wirehouse]. You’re [restricted] by the [inventory of] products.

Independent-within-Smith Barney breaks away after hitting wall

Former Smith Barney peers light fuse for Swope independence

November 18, 2009 at 6:17 AM

Don Schreiber Jr.: One problem with buy-and-hold is that when investors are faced with 40% to 50% declines, they sell to preserve their remaining capital.

Dividend stocks deserve a second look at a fearful time

This investing approach recognizes that individuals differ from institutions

November 17, 2009 at 8:04 PM

Thomas B. Lewis: “There are RIA firms joining that are trying to recruit large producers.”

RIAs drive explosive growth of the Broker Protocol; signatories triple

The wirehouse legal truce is now a poaching tool for advisory roll-ups; Merrill Lynch applauds its wide use

November 17, 2009 at 4:49 AM

Patrick Williams: “People say print media is dead but I have $51 million that says they are wrong.”

Worth magazine's new owner rights ship by charging wealth managers for write-ups

Dozens of financial advisors ante up $30,000 for Worth brand association

November 16, 2009 at 6:27 AM

Martin Kurtz: "The concerns around FINRA is that they've been in the suitability world; we're saying that this is a fiduciary world."

Martin Kurtz, president of Financial Planning Association for 2011, will take pragmatic approach

Electee has concerns about FINRA's historical 'suitability' mindset

November 13, 2009 at 10:52 PM

Jim Scanlon: I was not a big producer so [my boss] could say: I need you to be in this meeting.

How TD Ameritrade wins clients $47 million at a time

UBS brokers double take-home pay with breakaway

November 13, 2009 at 5:19 AM

David Gordon: Conversions may cause bracket-creep and can impact both itemized deductions and Social Security income.
November 13, 2009 at 5:13 AM

Robert Isbitts: "The temptation to try something exotic to prove 'value-add' to your clients may be great."

The top 10 alternatives to alternative investments

Why you shouldn't always be giving clients what they want

November 12, 2009 at 4:28 AM

Edelman: "Organizations suffering from internal disarray are ignored by legislators and regulators."

What's going wrong for RIAs on Capitol Hill?

RIAs brace themselves as Senate committee takes up financial reform

November 11, 2009 at 5:05 AM

Bob McCann is known not to overpromise

13 things to know about Bob McCann recruiting his old Merrill Lynch team to UBS

Move signals UBS executive's independence from his bosses back in Switzerland

November 10, 2009 at 10:11 PM

Matthias Paul Kuhlmey is helping to create a blueprint for globally-minded breakaways

HighTower Advisors nabs a UBS team and shifts to new recruiting gear

Chicago company creates comfy nest for breakaways with overseas clients

November 10, 2009 at 5:12 AM

Eliza De Pardo: “The data is a starting point but it’s not the end game.”

Will the real Moss Adams please stand up?

Two companies with ties to the Seattle-based consulting firm seek to fill a void

November 9, 2009 at 6:26 AM

Dan Inveen: “It’s almost laughable now that the employer was worried about the scarcity of labor and the scarcity of talent”

10 key points made in new FA Insight personnel study

Report: Smart firms grab talent while it's available

November 9, 2009 at 4:28 AM

Ben Valore-Caplan: "We must make it culturally undesirable to get wealthy unethically."

Regulation needs one simple theme: transparency

Investors and consumers will always want the impossible

November 6, 2009 at 11:59 PM

With Doug Talir gone, Scottrade is already seeking a new leader for its custody unit
November 6, 2009 at 4:49 PM

Zachary Gronich:  Make no mistake, the annual renewals are the most important on-going compliance issue.

The quick and easy route to getting your RIA license suspended

Renewal gauntlet begins next week with a moved-up deadline

November 6, 2009 at 5:05 AM

Ron Cordes: “We haven’t had anything resonate with advisors as powerfully as this.”

RIA hybrids help Genworth's wealth management business to stunning growth

Recovery of Genworth's share price from penny stock status removes block to asset growth

November 5, 2009 at 4:57 AM

David Tittworth: "It's pretty bad."

Worst of both worlds looms for RIAs in Washington

Act would gut the authority of SEC over RIAs while doubling its budget

November 4, 2009 at 11:49 PM


10 reasons why Schwab's move into ETFs may be an even bigger deal than it appears

Big broker's move could be precursor to ETF equivalent of OneSource

November 4, 2009 at 8:32 PM

Patricia Struck: The states are almost uniformly in a good position to take on more oversight.

The big change RIAs should expect when the SEC punts to the states

Advisors under states see more audits, tougher registration requirements and busybody lawmakers

November 4, 2009 at 4:34 AM

Tom Ruggie: "Some things I’ve been pleased with and some things I’ve been disappointed with but both [Raymond James and LPL] are bending over backward to [help] and keep the business.”

Why Raymond James is getting an LPL advisor's wealthiest new clients

Tom Ruggie started a new RIA but kept his LPL practice intact

November 3, 2009 at 5:27 AM

Barry Glassman: There are restrictions as far as the kinds of things we can say and document if one has the ability to earn commissions.

New RIA with a Royal touch

Glassman takes assets to Schwab and outsources some services to Fortigent

November 2, 2009 at 8:50 PM

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