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18 articles
Betterment is using four software and services vendors and discounts up to $3,100 per RIA per year after getting the idea from one of its largest customers
Like Aquiline with RIA-in-a-Box, the private equity firm says scale and software are key to comply with SEC dictates in the future, but MarketCounsel and Cipperman are betting this ain't like retail tax returns.
With Ascensus also in its portfolio, Aquiline is showing a penchant for taking dull, fragmented, unloved wealth-management niche businesses and rolling them up into sexier firms
Fresh off big AssetMark score, Aquiline's money talks, saying RIAs must spend big to comply but would like to spend smaller
From 7,000 feet above sea level, 90 RIA software types breathed thin air en route to zapping redundant portals
But the mega-custodians are having none of it, saying the initiative is good as far as it goes, but lacks the horsepower to tackle the big questions
SEC's still mum about what will happen to procrastinators; states adopting laidback approach
RIAs, compliance experts and a research group diverge wildly on future costs but a baseline increase in the single-digit thousands seems inevitable
The race is on as laggards adapt to new vision of the future
A plethora of new carriers is a big boon at a time when regulators 'circle like sharks'
It could impose most on advisors spread out across multiple states
No need to be a doormat but treat the visitor as a guest
Mock audits are in hot demand because they cut back on regulatory blindsiding
Established RIAs also more likely to report a decline in client base than newbies
Advisor groups relieved: no surprise audits for RIAs with third-party custodians
The Industry Sourcebook for RIAs
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