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RIABiz

Articles published 11/2009


Headline

Publish date


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

What's really going on with Focus Financial?

Nov 30, 2009

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


Like Tom Turkey, many RIAs were thankful to survive 2009

Taking A Break From the Turkey?

Nov 26, 2009

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


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

Nov 24, 2009

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


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

Nov 23, 2009

Vickrey takes the advice of fellow Crow's father


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

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

Nov 23, 2009

Gissen invests in small companies, focuses on communication with executives




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

Advertising practices that can raise the hackles of regulators

Nov 19, 2009

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


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

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

Nov 19, 2009

Techfi founder is making up for lost time after noncompete expires


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

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

Nov 19, 2009

Nevin reviews upcoming Portfolio Management System from the makers of AdvisorMart


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

Nov 18, 2009

Former Smith Barney peers light fuse for Swope independence


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

Nov 17, 2009

This investing approach recognizes that individuals differ from institutions


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

Nov 17, 2009

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


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

Nov 16, 2009

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


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

Nov 13, 2009

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


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

Nov 13, 2009

UBS brokers double take-home pay with breakaway



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

Nov 12, 2009

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


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

What's going wrong for RIAs on Capitol Hill?

Nov 11, 2009

RIAs brace themselves as Senate committee takes up financial reform


Bob McCann is known not to overpromise

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

Nov 10, 2009

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


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

Nov 10, 2009

Chicago company creates comfy nest for breakaways with overseas clients


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

Will the real Moss Adams please stand up?

Nov 9, 2009

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


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

Nov 9, 2009

Report: Smart firms grab talent while it's available


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

Regulation needs one simple theme: transparency

Nov 6, 2009

Investors and consumers will always want the impossible



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

Nov 6, 2009

Renewal gauntlet begins next week with a moved-up deadline


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

Nov 5, 2009

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


David Tittworth: "It's pretty bad."

Worst of both worlds looms for RIAs in Washington

Nov 4, 2009

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


Charles

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

Nov 4, 2009

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


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

Nov 4, 2009

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


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

Nov 3, 2009

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


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

Nov 2, 2009

Glassman takes assets to Schwab and outsources some services to Fortigent


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