Articles Published 12/2013


HeadlinePublish date

LPL's newest two recruits and their $4.3 billion of AUA show why RIAs can no longer call the 403(b) market sleepy

The flourishing market is a giant growth engine for a Troy, Mich.-based RIA that has its sights set on national growth

December 31, 2013 — 4:08 PM UTC

The 10 biggest threats to the RIA business heading into 2014

The fiduciary planning model is taking shots from every angle but the jugular looks inaccessible

December 27, 2013 — 11:02 PM UTC

Christmas comes early in Maine and a veterinarian reminds our family of the highest professional conduct

Simba was set for her 'appointment' but it was too soon for our hearts and the dog doctor's, too

December 27, 2013 — 4:32 AM UTC

How Schwab is calling out wirehouses with its 'accountability' blitz and what collateral effects could hit RIAs

Chuck's new money-back guarantee sends a 'shot across the bow' to wirehouses but Schwab RIAs won't be untouched

December 26, 2013 — 5:17 PM UTC

Fidelity's new research unlocks women by fixating on -- men -- but elicits an 'ahem' from a big RIA client

As part of its gender efforts, the Boston giant has crafted a quiz -- one that strikes United Capital's Joe Duran as suspiciously familiar

December 23, 2013 — 5:48 AM UTC

Ric Edelman tells how he succeeds in advice's Death Valley -- online investing

For one thing the RIA maestro with $18 billion of advised asset charges full boat and people are an option

December 20, 2013 — 7:57 AM UTC

10 most-read RIABiz stories of 2013 and why you couldn't resist them

This year's potpourri includes young Horatio Algers, aged Cassandras, irate investors and a professor with the 401(k) industry in his sights

December 18, 2013 — 9:12 PM UTC

LPL Financial gets beyond the halfway-house model to compete with Schwab, Fidelity for advisors that are wholly RIAs

The big broker-dealer is making moves that do not discriminate against, may in fact favor, pure RIAs, but hybrid habits die hard, skeptics say

December 17, 2013 — 9:55 PM UTC

How the SEC has pulled a vanishing act, looking the other way while brokers with flimsy pretenses hold themselves out as trusted advisors

The federal keeper of the standards has stopped battling brokers from calling themselves 'wealth managers', advertising 'trust' or looking the other way on principal trades

December 17, 2013 — 8:05 PM UTC

How Barney Frank and Chris Dodd surprised me after I got them aside for one-on-one chats

The namesakes for Dodd-Frank invest personally through Morgan Stanley and Merrill Lynch and seem to be oblivious about why that may not be in their best interests -- though I tried to explain it to Barney Frank

December 17, 2013 — 7:27 PM UTC

The 2013 MarketCounsel Summit is heavy on future shock

A Cassandra-like Steve Lockshin lead the gloomsters, Team Tech protested that the future is bright and Frank & Dodd laid an egg

December 16, 2013 — 7:44 AM UTC

Ron Carson chooses Orion-Salesforce software for his $5-billion RIA as he lines up an additional $3 billion

Besides Carson Wealth Management Group using it, his roll-up/TAMP, Carson Institutional Alliance, will also become an Orion/Salesforce shop

December 13, 2013 — 3:35 AM UTC

Brightscope lets advisors get basic entry to its Advisor Pages for free, talks Morningstar deal and pencils in an IPO for about 2017

After two years, less than 1,000 advisors paid for the website and BrightScope hopes free is a better price-point for some

December 12, 2013 — 7:20 AM UTC

BNY Mellon is arming Pershing's RIA unit to the teeth with banking products for ultra high net worth clients

Clients of Pershing RIAs can get jumbo mortgage loans -- a good lure for breakaways used to cross-selling like mad at wirehouses

December 11, 2013 — 6:42 PM UTC

Envestnet increasingly cuts Schwab out of its RIA software mix and 39 RIAs are leading the way

As new owner of Tamarac, the Chicago outsourcer has its own portfolio accounting, not Schwab PortfolioCenter, as the guts of its mini-ecosystem for the first time

December 11, 2013 — 6:41 PM UTC

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