Articles tagged "Scott MacKillop"
Scott MacKillop offers a view on industry awards contrary to Bob Veres, who took the Luminaries, Wealthies and others to task for editoral/sales conflicts
'We see them as merit based. If we win an award or receive recognition as a finalist, we feel that it means something.'
October 15, 2022 at 12:38 AM
RIAs may face ticking time bomb after SEC slams a $1.9-billion RIA for neglecting 'orphan' accounts while charging fees, a problem that may be industrywide
Thousands of clients may be getting lost in the shuffle in the face of strong inorganic RIA growth -- an obscure problem until federal regulators gave Regal Investment Advisors the royal treatment, in part, for charging full fees and failing to disclose reduced service.
October 26, 2021 at 7:39 PM
After a 2018 cash scare, Scott MacKillop got a $1.5 million lifeline and -- boom -- RIAs rewarded his flat-fee TAMP with 1,000% AUM growth in 35 months
First Ascent now has $1.1 billion in RIA AUM and reached a sweet milestone -- its founder has a take-home salary and apparent sustainability.
June 14, 2021 at 8:41 PM
Cozier (and nearer zero-fee) by the day, Schwab again teams with Envestnet-- this time tapping the outsourcer's reach to 103,000 IBD reps to launch super-cheap model portfolios
Already bonded through PortfolioCenter and MoneyGuidePro, the San Francisco-based broker's Charles Schwab Investment Management unit chose Envestnet's supermarket with 100,000-plus advisor-shoppers for a key launch
September 2, 2020 at 6:31 AM
Skip Schweiss and Chip Roame reward RIA super-hikers with soft beds, sharp rocks and 'junk food' to slog New Hampshire's Presidential Traverse
The Excellent Adventure crew of Tiburon CEO Summit origins glamped it and roughed it on a hike famously dangerous despite low elevation peaks
July 29, 2019 at 7:46 PM
Liberated (in part) by an Envestnet deal, Scott MacKillop isn't ho-humming a second-round infusion of $1.5 million
Asking first-round funding friends and family to extend support stressed out First Ascent's CEO but the fresh capital arrives as new sources of asset inflows kick in
December 10, 2018 at 11:25 PM
Chip's and Skip's 'Excellent Adventure' breaks RIA stereotypes, sheds risk aversion for 'gut-busting' Alaska hike; black bears, grizzlies and moose, oh my!
This year the Excellent Adventure crew assembled in Girdwood, Alaska for a trek up the Crow Pass Trail, which meanders through a rain forest inhabited by black bears, grizzly, and moose.
August 20, 2018 at 5:30 PM
As Brinker Capital embraces RIA future, it ends two-year period of being an outsourced CIO with no named CIO
After the hasty exit of Bill Miller in 2016, the $22B TAMP downplayed insurance brokerage assets, played up RIAs and incubated Jeff Raupp as chief investment officer instead of seeking a ringer
June 20, 2018 at 5:45 PM
After losing Lee Kranefuss and raising $10M, 55ip gets RIAs to buy Ph.D. smarts, though a critic calls it gussied-up market timing
Guided by an ex-Financial Engines ringer, Paul Gamble, the New York startup is now portfolio modeler for $100 million
April 19, 2018 at 10:38 PM
Skip Schweiss and Chip Roame lead risky, if risk-managed, hike of RIA types on famously perilous trail -- with danger striking right on schedule
Wild boar, spinner dolphins and Portuguese men o' war looked on as we essayed Hawaii's Kalalau Trail, finding out firsthand why it's called the 10th-most dangerous hike in America
July 21, 2017 at 6:21 PM
In echo of DFA-RIA custody strife, Morgan Stanley nixes new Vanguard mutual fund account openings
As the idea of a fund shelf diminishes, the Malvern, Pa.-based firm's refusal to pay such fees earns cold shoulder from the top New York wirehouse
May 4, 2017 at 10:56 PM
Scott MacKillop applies shock-and-awe pricing to SMA market to good effect after merely lower fees left RIAs flat
Using a robo out of a yoga studio, First Ascent is using a flat, capped fee to fulfill a founder's vision
March 14, 2017 at 10:47 PM
The three big defects in Andy Rachleff's theory of robo-advisors' ineluctable destiny of domination
Robos no doubt are tireless machines that perform tasks like tax-loss harvesting at a higher frequency than RIAs. But at what cost?
February 27, 2017 at 6:23 PM
RIAs should ask not for whom the DOL-rule sharks swarm ... they swarm for you, too
Advisors who truly aspire to be part of a respected profession need to oppose the furious efforts to revive the commission-broker ethos from the top seat of government
February 9, 2017 at 10:39 PM
The time is now for the investment industry to shed its shameless culture or pay a steep price
Enough feeble excuses and convoluted rationalizations for delaying the DOL rule