10 things that show the RIA movement is really heating up in 2010: Part I
Observers need a scorecard to keep track of all the advances that RIAs are making
Fidelity
|Pershing
|Schwab
|Raymond James
|TD Ameritrade
|Advent
|RIAs
|LPL
|Scottrade
|RBC
|JPMorgan
|State Street
|Trust Company of America
|Shareholders Service Group
|TradePMR
|FolioFn
Related Moves
Mark Tibergien sets up Ben Harrison to challenge Schwabitrade with a $150 million cut to Pershing's minimum and millions more to develop Veo-busting technology
The CEO suite hand-off in Jersey City pulls a trigger on a plan to bypass Fidelity's and eventually Schwab's custody units by luring disaffected RIAs.
March 11, 2020 at 7:58 AM
TD Ameritrade's board suddenly pushes out Tim Hockey after his big misread of RIAs; Tom Bradley name-dropped as successor
The CEO broke the TD promise never to compete with RIAs, took it back and got sent packing
July 23, 2019 at 4:30 AM
Biz Briefs: Vanguard's tax-loss harvest yields a caveat• Vermont green with envy ... of red states? • CFP Board spends $12 million on bungee metaphor • BlackRock isn't neutral on Credit Suisse • Women are the Goliath of 'David' in UK finance
Tax-loss harvest gains may have some home assembly required, says Jeff DeMaso • Adrian Johnstone is now in the driving seat at Practifi • CFP Board spending just topped $150 million • and Vermont shares some Texas thinking on ESG investing.
March 25, 2023 at 1:32 AM
Fidelity will hire 4,000 staff in first half -- a staggering number but a tapering off from 'unprecedented' rate in 2021-2022 that catapulted it to 68,000 employees
The $10.3 trillion giant explains its hiring -- in a layoff environment -- as an RIA-like goal, namely having the human bandwidth to develop 'lifetime' relationships with its 40 million investors
February 17, 2023 at 2:49 AM
See more related moves
LPL Financial
RIA-Friendly Broker-Dealer, RIA Welcoming Breakaways, Advisory Firm
Top Executive: Dan Arnold
TD Ameritrade
Asset Custodian
Top Executive: Tom Nally
Raymond James Financial Inc.
Asset Custodian
Top Executive: Bill Van Law
State Street Wealth Manager Services
Asset Custodian
Top Executive: Marty Sullivan
Scottrade Advisor Services
Asset Custodian
Top Executive: Brian Stimpfl
E*TRADE Advisor Services
Asset Custodian
Top Executive: Joshua Pace
TradePMR
Asset Custodian
Top Executive: Robb Baldwin
Shareholders Service Group
Asset Custodian
Top Executive: Peter Mangan
Kevin Hollingsworth
Brooke,
I don’t see any mention of Century Securities in your list of new custodians, is their business different than the three others you mentioned?
Thanks,
Kevin
Brooke Southall
Hi Kevin,
I’d be interested in learning more about Century Securities. If they’re a rising RIA custodian then I’d like to learn more about them.
thanks,
Brooke
Mary Ann Buchanan
Brooke,
Your insight and ability to incisively discuss the most relevant points in the RIA world is a major contribution to those trying to move forward in this space.
Thanks
Mary Ann Buchanan
Brooke Southall
Hi Mary Ann,
Thank you. I appreciate this comment.
I can only in turn thank my sources who continuously make an effort to get
me good information and help me to understand it in the context of the RIA world.
my best,
Brooke
