News, Vision & Voice for the Advisory Community
Tag
141 articles
The Malvern giant already has a 'junk' ETF, but more constrained than this one, and Fidelity's new futures ETF looks to a brighter future, after a slow start
The Westlake, Texas, broker-dealer's CEO revealed the launch of Schwab Wealth Portfolios, where each portfolio move will no longer need investor approval -- a feature long offered by Fido and Vanguard.
The Wall Street asset giant added Kathleen Murphy and Greg Fleming to its board and retail investors know iShares and Aladdin.
Altruist, IKBR and Vanguard are cool for now, but Schwab and Fidelity are nearly mum amid questions, like when blocks happened and what's next for Schwab's own money market ETF.
Edward Jones and E*Trade also saw ratings stumble in ACSI study. Schwab and Vanguard held steady.
A Hollywood RIA took on Focus and Goldman, and lost • Reed Colley is already in the house • The SEC dings Robinhood, Schwab and Vanguard Group, and FINRA dings Fidelity • Vanguard & Schwab launch ETFs • BlackRock plots mixing alts & annuities in a TDF • Dynasty adds golf exec in HR hire • iCapital buys 'AI' KYC shop • Larry Shumbres start-up off to the races • Wealthfront's media guru departs.
The RIA firehose of news is rife with tactical moves to shore up voids, play catchup and react to a new concept of political tailwinds
The Westlake, Texas brokerage was paying 0.45% as recently as last summer but in late December that was cut to five basis points, in 'calculated risk,' attorney says.
The Boston company grew $800 billion per quarter on average through nine months, and just keeps hiring to 'deepen relationships,' with crypto and digital engagement giving it an edge.
The Fidelity-owned software vendor's aim is to aggregate held away assets but will stay well clear of moving sweep cash or identifying choices.
The Boston giant jumpstarts a monumental opportunity to a post-application system, say analysts, even if it might hurt sales of the 'whole enchilada' eMoney product short-term.
The Boston giant' is getting past the old LinkedIn, Facebook paradigm, adopting a more casual tone and using third-party media for 'service.'
Salim Ramji is high on alts, low on IPO and is piloting AI for service • Arch now serves 270 clients, up from 200 in January • Nearly 2% of Fidelity's 401(k) clients have $1 million or more • Dave Antonelli leaves BlackRock for start-up after 21 years • Grayscale's Ethereum 'mini-trust' inflows of $130 billion fall far short of main-trust outflows nearing $1.8 billion
The deal with the Chicago up-and-comer all came together in 2024 as part of Fidelity's quiet hire of ex-Vanguard talent to head emerging RIA unit.
The Boston clearing and custody giant has been using the Berwyn, Pa., TAMP/SMA giant for managed accounts, but now Fidelity is making Envestnet a big software partner to make its own TAMP a 'category killer.'
The Industry Sourcebook for RIAs
RIABiz Directory
sponsored by